PRESS DIGEST -Wall Street Journal - November 26
Nov 26 (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.
- HP HP.N plans to reduce its workforce by 4,000 to 6,000 employees, up to 10% of its total, by the end of fiscal 2028.
- Warner Music Group WMG.O has made a deal with artificial intelligence music-generator Suno that will let the startup launch new models based on licensed songs.
- Walmart WMT.N is testing ‘Sponsored Prompt’ ads within its AI shopping agent, Sparky, to monetize chat experiences and personalize product recommendations.
- Taiwan's Foxconn 2354.TW said it had secured regulatory approval to invest an additional $569 million in the U.S. state of Wisconsin to meet rising demand for AI servers.
- Goldfish crackers maker Campbell’s CPB.O said it placed an executive on temporary leave after he was allegedly caught on tape saying the company made “highly processed food” for “poor people.”
- Senate Republicans plan to challenge vehicle-safety mandates, including automatic emergency braking, at a January hearing, citing ineffectiveness and increased costs.
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