PRESS DIGEST - Wall Street Journal - July 3
July 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.
- Pentagon intelligence officials assess that the U.S. military strikes on Iranian nuclear facilities set back Tehran's program by up to two years, the Defense Department said Wednesday, a more modest claim than President Donald Trump's assertion that the attack had "obliterated" Iran's nuclear efforts.
- Activist investor Starboard Value has built an over 9% stake in Tripadvisor TRIP.O after the online travel-review company eschewed takeover offers in the past year, according to people familiar with the matter.
- Advanced Micro Devices AMD.O Chief Executive Lisa Su is getting a pay raise and an equity award with a target value of $33 million.
- A federal judge on Wednesday blocked Donald Trump's executive order banning people who cross the southern border illegally from seeking asylum.
- Microsoft MSFT.O plans to cut another 9,000 workers in its latest round of layoffs, bringing its workforce reductions to 15,000 in the past two months.
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