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PRESS DIGEST- Wall Street Journal – Jan 18

The following are the top stories in the Wall Street Journal. - Walt Disney Co on Tuesday defended its decision to deny Nelson Peltz a board seat, saying the activist investor "lacked the skills and experience" to help the media and entertainment giant. - The U.S. Federal Election Commission has dismissed a complaint from Republicans that Google’s Gmail app aided Democratic candidates by sending GOP fundraising emails to spam at a far higher rate than Democratic solicitations. Read More...

Jan 18 (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.

– Microsoft Corp plans to cut thousands of jobs with some roles expected to be eliminated in human resources and engineering divisions

– Walt Disney Co on Tuesday defended its decision to deny Nelson Peltz a board seat, saying the activist investor “lacked the skills and experience” to help the media and entertainment giant.

– The U.S. Federal Election Commission has dismissed a complaint from Republicans that Google’s Gmail app aided Democratic candidates by sending GOP fundraising emails to spam at a far higher rate than Democratic solicitations.

– U.S. Justice Department official is rolling out new policies aimed at boosting incentives for companies to disclose any misconduct they uncover to authorities.

– Moderna Inc said on Tuesday that its experimental messenger RNA vaccine for respiratory syncytial virus (RSV) was 83.7% effective in a late-stage trial at preventing at least two symptoms, such as cough and fever, in adults aged 60 and older.

– The U.S. Office of the Comptroller of the Currency (OCC) is weighing how it might provide more transparency into the escalation framework it uses to address supervisory concerns and deficiencies at large banks, the acting head of the regulator said on Tuesday. (Compiled by Bengaluru newsroom)

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