PRESS DIGEST- Wall Street Journal - April 19
April 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.
- More than 100 million people globally are now paying for Amazon Prime, a sign of how Amazon.com Inc has used the service to evolve from an online marketplace that struggled with profitability into an e-commerce powerhouse. https://on.wsj.com/2qGK3TA
- Procter & Gamble Co agreed to acquire the consumer-health business from Germany's Merck KGaA, in a $4.2 billion deal that adds vitamins and food supplements to its lineup of over-the-counter medicines. https://on.wsj.com/2qInZIl
- Twenty-First Century Fox Inc rejected an acquisition offer for its entertainment assets from cable giant Comcast Corp largely over antitrust concerns, a regulatory filing said, even though the bid was 16 percent higher on a per-share basis than what Walt Disney Co ultimately agreed to pay. https://on.wsj.com/2HsQu6v
- Qualcomm Inc began laying off employees, pursuing a promise to boost profit by shedding $1 billion in expenses, the company said. https://on.wsj.com/2HzmVQE
(Compiled by Bengaluru newsroom)
