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PRESS DIGEST - Wall Street Journal - Jan. 19

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Jan 19 (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.

- Lumentum Holdings Inc is in advanced talks to buy laser maker Coherent Inc according to people familiar with the matter, in a deal that would combine two companies whose products are used in everything from laser eye surgery to semiconductor manufacturing. https://on.wsj.com/2XSI2DX

- U.S. President-elect Joe Biden rejected an effort by President Trump on Monday to lift bans on most travel into the U.S. from Europe, the UK and Brazil that were imposed as part of the Trump administration's initial response to the coronavirus pandemic. https://on.wsj.com/2NjIQQj

- Janet Yellen, U.S. President-elect Joe Biden's choice for Treasury secretary, plans to tell lawmakers that the U.S. risks a longer, more painful recession unless Congress approves more aid and urge them to "act big" to shore up the recovery. https://on.wsj.com/3sMW9sS

(Compiled by Bengaluru newsroom)