PRESS DIGEST - Wall Street Journal - August 29
Aug 29 (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 European Commission proposed removing tariffs on imported U.S. industrial goods, part of a trade agreement with the United States that should result in a retroactive lowering of U.S. tariffs on European cars.
- Federal Reserve Governor Lisa Cook filed a lawsuit claiming U.S. President Donald Trump has no power to remove her from office, setting up a legal battle that could reset long-established norms for the U.S. central bank's independence.
- The United Auto Workers said it won a vote at the BlueOval SK plant in Kentucky, a Ford F.N joint-venture plant, to unionize, but the remaining challenge ballots could change the outcome.
- Comcast-owned CMCSA.O NBCUniversal, and Amazon AMZN.O have reached a deal to bring the ad-free version of Peacock to Prime Video Channels, the first time the streaming service has been offered as part of the online retailer's package of digital channels.
- Trump's border czar Tom Homan said that the Trump administration is weighing the use of a naval base north of Chicago as an Immigration and Customs Enforcement agency operations center.
- U.S. Treasury department said that Chinese money launderers have moved some $312 billion in illicit transactions through U.S. banks and other financial institutions in recent years to aid Mexican drug cartels and other criminals.
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