PRESS DIGEST-Wall Street Journal - January 28

Reuters01-28
PRESS DIGEST-Wall Street Journal - January 28

Jan 28 (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.

- SoftBank 9434.T is in talks to invest up to $30 billion more in OpenAI, adding to the Japanese conglomerate's already large stake in the startup.

- Grain trader Archer-Daniels-Midland Company ADM.N has agreed to pay a $40 million civil penalty to settle charges from the U.S. Securities and Exchange Commission that it inflated the performance of a key business segment.

- A recent deal by Canada to allow tens of thousands of inexpensive Chinese electric vehicles into the country is a risk to North American auto manufacturing, General Motors GM.N Chief Executive Mary Barra said.

- The U.S. National Transportation Safety Board found that a series of systemic failures by the Federal Aviation Administration led to a devastating mid-air collision that killed 67 people last year.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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