Oct 6 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Theranos Inc said it will shut down its blood-testing facilities and shrink its workforce by more than 40 percent. on.wsj.com/2cVfJuz
- Monsanto Co said it expects a return to higher profits next year as the biotech seed maker rolls out new soybean varieties, despite a continuing slump in agriculture. on.wsj.com/2cVeXxT
- Constellation Brands Inc said strong beer sales helped increase its profit forecast for the year and drove profit growth for the quarter. on.wsj.com/2cVf7Fr
- Activist hedge fund Elliott Management Corp is pushing Samsung Electronics Co to simplify its ownership structure and add independent directions, in addition to paying shareholders roughly $27 billion in special dividend. on.wsj.com/2cVgbcm
- The federal government said that Mylan NV has overcharged the Medicaid program by millions of dollars over five years for its auto-injector product, EpiPen. on.wsj.com/2cVfDmR
(Compiled by Abinaya Vijayaraghavan in Bengaluru)
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.