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PRESS DIGEST -Wall Street Journal - Sept 2

reuters.com · 09/02/2021 00:24
PRESS DIGEST -Wall Street Journal - Sept 2

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Apple Inc AAPL said it would allow media apps to create in-app links to sign-up pages on those companies' websites, allowing the likes of Spotify Technology SA SPOT and Netflix Inc NFLX to bypass the iPhone maker's cut of subscriptions. https://on.wsj.com/2V73jvR

- U.S. aviation regulators are investigating how Virgin Galactic Holdings Inc's SPCE spacecraft returned to the ground after taking billionaire entrepreneur Richard Branson to the edge of space, a spokesman for the Federal Aviation Administration said. https://on.wsj.com/38yBUGl

- OxyContin maker Purdue Pharma LP won court approval of a $4.5 billion bankruptcy settlement that shields its owners, members of the Sackler family, from lawsuits accusing them of contributing to the nation's opioid epidemic in exchange for providing funding to combat the crisis. https://on.wsj.com/38wzQPh

- Amazon.com Inc AMZN said it is seeking to hire about 55,000 people globally among its corporate and technology ranks during a recruiting event set for Sept. 15, as the e-commerce giant continues a hiring spree begun at start of the COVID-19 pandemic. https://on.wsj.com/2V7wvD0

(Compiled by Bengaluru newsroom)