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PRESS DIGEST -Wall Street Journal - June 11

ReutersJun 11, 2025 5:54 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.

- General Motors GM.N is spending $4 billion to produce more vehicles in the U.S., as the vehicles importer looks to reduce its exposure to tariffs.

- Google GOOGL.O extended voluntary buyout offers to U.S. employees in multiple divisions, one of a number of cost-cutting steps it's made to help fund billions in artificial intelligence spending.

- Meta META.O is in advanced talks to invest $14 billion into Scale AI and hire its CEO Alexandr Wang to help lead Meta's AI efforts.

- Verizon VZ.N, Ralph Lauren RL.N and others have agreed to resume buying ads on X.

- Accounting firm PricewaterhouseCoopers is overhauling the structure of its U.S. advisory business and hiring for thousands of roles as it sees recovering demand for its services.

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