May 2, 2017 / 5:57 AM / 7 months ago

PRESS DIGEST - Wall Street Journal - May 2

May 2 (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.

- The sexual harassment scandal that has engulfed Fox News for nearly a year claimed another casualty with the resignation of Bill Shine, the network's co-president and one of its longest-serving executives. on.wsj.com/2oS5mTv

- Theranos Inc settled a lawsuit alleging the company and its founder, Elizabeth Holmes, defrauded a San Francisco hedge fund into making a $96.1 million investment through "a series of lies," the company said Monday. on.wsj.com/2oS1d1Q

- Home-sharing sites Airbnb Inc and Expedia Inc's HomeAway have reached a settlement with San Francisco that makes it easier for rental hosts to register with the city and helps the companies avoid costly fines. on.wsj.com/2oSisA3

- IAC plans to buy Angie's List Inc combining the consumer-review site with IAC/InterActiveCorp's HomeAdvisor and forming a new, publicly traded company for a deak valued at more than $500 million. on.wsj.com/2oSqHvY

- Drug company Valeant Pharmaceuticals International Inc said it has made $220 million in unscheduled debt payments, its latest effort to chip away at the multibillions of dollars its owes. on.wsj.com/2oSjfkv (Compiled by Abinaya Vijayaraghavan in Bengaluru)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below