PRESS DIGEST - Wall Street Journal - Jan 13

Reuters01-13

Jan 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.

- The U.S. government has extended until June a deadline for Nippon Steel 5401.T to drop its planned acquisition of U.S. Steel X.N.

- Stephen Miran, the U.S. President-elect's choice to chair his Council of Economic Advisers, has written that the U.S. could be better off with average tariffs of around 20% and as high as 50%, compared with the current 2%.

- Australia's Insignia Financial IFL.AX said that Bain Capital BCSF.N has matched a $1.8 billion takeover offer by CC Capital Partners, intensifying a tussle for control of the wealth manager.

- Pete Hegseth's performance to be closely watched in what is expected to be a contentious confirmation hearing Tuesday for the defense secretary nominee.

- First responders in fire-ravaged Los Angeles communities have had to fend off looters as well as flames, with the number of arrests jumping to nearly 30 by Sunday.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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