PRESS DIGEST - Wall Street Journal - August 12
Aug 12 (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.
- Skydance-owned Paramount PSKY.O will become the exclusive U.S. home of Ultimate Fighting Championship under a seven-year streaming deal valued at about $7.7 billion, the first major strategic move by the newly merged media giant under new CEO David Ellison.
- U.S. President Donald Trump said that he plans to nominate E.J. Antoni, the chief economist at the Heritage Foundation, to lead the Bureau of Labor Statistics.
- European leaders will speak to U.S. President Donald Trump this week ahead of his summit with Russian leader Vladimir Putin, amid fears Washington may dictate unfavourable peace terms to Ukraine.
- Bain Capital is considering an initial public offering of retailer Bob's Discount Furniture for as soon as later this year.
- General Electric GE.N and United Nuclear have agreed to a U.S. consent decree requiring an estimated $63 million cleanup of uranium mine waste at sites in New Mexico and the Navajo Nation.
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