PRESS DIGEST- Wall Street Journal - October 1

Reuters10-01
PRESS DIGEST- Wall Street Journal - October 1

Oct 1 (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 Federal Trade Commission is suing Zillow ZG.O and Redfin, now owned by Rocket Companies RKT.N alleging the two real estate advertising platforms made an unlawful pact that suppresses competition.

- President Trump said Tuesday that his administration is "getting very close" to striking a deal with Harvard University that would see the Ivy League school pay about $500 million.

- The U.S. government is taking a 5% stake in Lithium Americas LAC.TO a Vancouver, B.C.-based mining company, and a 5% stake in the company’s Nevada mining project, the Energy Department said Tuesday evening, restructuring a $2.26 billion U.S. government loan agreement from 2024.

- Warren Buffett's Berkshire Hathaway BRKa.N is in talks to buy Occidental Petroleum's OXY.N OxyChem petrochemical unit for about $10 billion.

- The White House withdrew the nomination of conservative economist E.J. Antoni to run the Bureau of Labor Statistics.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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