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PRESS DIGEST-Wall Street Journal - April 6

ReutersApr 6, 2026 6:17 AM

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Paramount Skydance PSKY.O is in talks to secure signed equity commitments of close to $24 billion from three sovereign-wealth funds led by Saudi Arabia to help back its takeover of Warner Bros. Discovery WBD.O.

- Pepsi PEP.O and Diageo DGE.L have withdrawn their sponsorship of Wireless Festival, which Ye, formerly known as Kanye West, is due to headline.

- U.S. President Donald Trump threatened to destroy all of Iran’s power plants if the country’s leaders don’t agree to reopen the Strait of Hormuz by Tuesday evening.

- Universal Pictures’ and Nintendo’s 7974.T "The Super Mario Galaxy Movie" posted the biggest opening of 2026 so far with an estimated $372.5 million in worldwide box-office sales.

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