PRESS DIGEST - Wall Street Journal - August 13
Aug 13 (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.
- Tinder-parent Match Group MTCH.O has agreed to pay $14 million to the Federal Trade Commission to resolve a 2019 complaint involving deceptive practices.
- Spirit Airlines FLYY.A has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations.
- U.S. President Donald Trump hit out at Goldman Sachs GS.N CEO David Solomon, saying the bank had been wrong to predict U.S. tariffs would hurt the economy and questioned whether Solomon should lead the Wall Street institution.
- Online comics platform Webtoon Entertainment WBTN.O has reached a deal to put Disney's DIS.N iconic comic brands on its platform.
- Air Canada AC.TO said that labor negotiations with its 10,000 flight attendants are at an impasse and warned that the carrier may begin to shut down operations as early as Saturday without an agreement.
- Mexico sent more than two dozen suspected cartel members to the U.S. on Tuesday, amid rising pressure from President Donald Trump on Mexico to dismantle the country's powerful drug organizations.
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