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PRESS DIGEST – Wall Street Journal – Aug 13

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Aug 13 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

– Goldman Sachs Group Inc is seeking to acquire the credit-card business of General Motors Co doubling down on consumer banking and betting on a future where people pay for gas, takeout and groceries from the driver’s seat. https://on.wsj.com/3iC40mY

– Two of J.C. Penney Co’s largest landlords have emerged as the leading contenders to acquire the department-store chain’s retail business out of bankruptcy, according to people familiar with the matter. https://on.wsj.com/33WumfE

– “Diana,” a musical based on the life of Princess Diana, will be streamed on Netflix Inc next year ahead of its rescheduled Broadway debut on May 25, 2021, the show’s producers said Wednesday. https://on.wsj.com/2PRjBCI

– Facebook Inc, Alphabet Inc’s Google and Twitter Inc have discussed with federal officials how social media platforms can prevent the spread of misinformation in the days before and after the election. https://on.wsj.com/3gRRHCN

(Compiled by Bengaluru newsroom)

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