PRESS DIGEST -Wall Street Journal - November 25
Nov 25 (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.
- Amazon AMZN.O said it would invest up to $50 billion to expand AI and supercomputing capabilities for Amazon Web Services' U.S. government customers, in one of the largest cloud infrastructure commitments targeted at the public sector.
- Six Flags Entertainment FUN.N has appointed John Reilly as its new president and chief executive, effective December 8.
- U.S. broadcaster Sinclair SBGI.O has offered to buy E.W. Scripps SSP.O in a cash-and-stock deal that values its smaller rival at $538 million, as cord-cutting and competition from streaming services lead to consolidation in the media industry.
- Performance Food Group Company PFGC.N and US Foods USFD.N will no longer pursue a potential merger, opting to pursue independent strategies, the companies said.
- The U.S. Justice Department has reached a settlement with RealPage over allegations it helped landlords fix rents by sharing pricing information through its software.
- NASA slashed the number of astronaut missions on Boeing's BA.N Starliner contract from six to four as the next mission, known as Starliner-1, is targeted for April 2026.
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