PRESS DIGEST- Wall Street Journal - October 3
Oct 3 (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.
- A multibillion-dollar deal to send Nvidia's NVDA.O artificial-intelligence chips to the United Arab Emirates is stuck in neutral nearly five months after it was signed, frustrating CEO Jensen Huang and some senior administration officials.
- Google GOOGL.O said it will build a $4 billion data center on more than 1,000 acres in Arkansas, creating hundreds of operations jobs and thousands of construction jobs in the region.
- The U.S. Food and Drug Administration approved a new generic version of a pill used to terminate pregnancies, a decision that comes as the Department of Health and Human Services reviews the drug’s safety.
- U.S. President Donald Trump is considering providing $10 billion or more in aid to U.S. farmers as the agriculture sector warns of economic fallout from his far-reaching tariffs.
- Applied Materials AMAT.O expects a $710 million hit to its revenue from new export restrictions published by the Bureau of Industry and Security this week.
- Swiss specialty chemicals maker Clariant CLN.S has rejected allegations from BP Europe BP.L and an ExxonMobil XOM.N subsidiary who are seeking damages for breaching competition law in the ethylene purchasing market.
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