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PRESS DIGEST -Wall Street Journal – Aug 5

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Aug 5 (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.

– The Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co’s announcement of a $765 million government loan to make drugs at its U.S. factories, according to people familiar with the matter. https://on.wsj.com/2DbAYMb

– The U.S. Justice Department is seeking as much as $18.1 billion from bankrupt opioid maker Purdue Pharma LP, new filings show, a demand that could disrupt the company’s months-long effort to reach a settlement with states and local communities that accuse it of helping fuel the opioid crisis. https://on.wsj.com/31joqub

– Anthony Levandowski, the engineer at the center of a years-long legal battle between Google’s self-driving unit and Uber Technologies Inc, was sentenced Tuesday to 18 months in prison on one count of stealing trade secrets. https://on.wsj.com/2Xrnp24

– The United States and China have agreed to high-level talks on Aug. 15 to assess Beijing’s compliance with the bilateral trade agreement signed early this year, according to people briefed on the matter. https://on.wsj.com/2XsPc21

(Compiled by Bengaluru newsroom)

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