PRESS DIGEST -Wall Street Journal - January 12
Jan 12 (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.
- U.S. prosecutors are investigatingFederal Reserve Chair Jerome Powell over his testimony last summer about the central bank's building renovation project.
- Allegiant Travel ALGT.O reached a roughly $1.1 billion deal to buy Sun Country Airlines as budget-focused U.S. airlines struggle with stiff competition from larger rivals.
- Walmart WMT.O plans to expand drone delivery to 150 additional stores within the next year, aiming for over 270 locations by late 2027.
- Google GOOGL.O unveiled a set of tools for retailers that helps them roll out AI agents, aiming to make it easier for brands to reach their customers who are shopping with the technology.
- U.S. President Donald Trump said on Sunday that he might block Exxon Mobil XOM.N from investing in Venezuela after the oil major's CEO called the country "uninvestable" during a White House meeting last week.
- U.S. President Donald Trump is scheduled to be briefed by senior officials in his administration on Tuesday on specific options to respond to the protests in Iran.
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