PRESS DIGEST - Wall Street Journal - June 18
June 18 (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.
- President Donald Trump issued threats against Iran and its leadership on Tuesday, suggesting the U.S. might join Israel's strikes and pivot away from seeking a diplomatic agreement to restrict Tehran's nuclear program.
- Chobani Chief Executive Hamdi Ulukaya said that the Trump administration's stepped-up immigration enforcement poses risks to the food supply chain.
- Airbus AIR.PA said it would increase shareholder returns in the coming years, betting that strong demand for aircraft will continue to fuel growth.
- Israel is running low on defensive Arrow interceptors, according to a U.S. official, raising concern about the country's ability to counter long-range ballistic missiles from Iran if the conflict isn't resolved soon.
- Warner Bros Discovery WBD.O will cut CEO David Zaslav's pay when it splits in two next year and give him an extra slug of stock options that will net more than $150 million if the company hits share-price targets.
- President Trump will sign an executive order sparing TikTok from enforcement of a law banning or forcing the sale of the app, the third extension since Trump took office in January.
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