PRESS DIGEST- Wall Street Journal - September 26
Sept 26 (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.
- The Trump administration is planning to ask chip companies to manufacture the same number of semiconductors in the U.S. as their customers import from overseas producers.
- President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% tariffs on heavy-duty trucks, set to come into force next week.
- Activist investor Land & Buildings has a 2% stake in Six Flags FUN.N and plans to pressure the theme-park operator to spin out or sell its real estate.
- Chipmaker Intel INTC.O has approached Taiwan Semiconductor Manufacturing Company 2330.TW about investments in manufacturing or partnerships.
- U.S. regulators are examining unusual trading patterns in shares of over 200 companies that adopted crypto-treasury strategies and have raised concerns about high trading volumes and sharp stock-price gains before companies announced crypto strategies.
- Amazon AMZN.O will pay $2.5 billion in fines and reimbursements to Prime subscribers to settle the Federal Trade Commission's allegations that it deceived its customers to generate subscriptions.
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