March 18, 2020 / 6:06 AM / 17 days ago

PRESS DIGEST - Wall Street Journal - March 18

March 18 (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 United Auto Workers and Detroit car companies reached agreements on coronavirus-mitigation efforts that for now will avoid a two-week shutdown of U.S. factories.

- Private-equity firm Najafi Cos and faith-based broadcaster Trinity Broadcasting Network have offered to buy Tegna Inc for cash consideration of $20 a share, valuing the broadcaster at roughly $4.4 billion.

- Boeing Co said it was seeking at least $60 billion to aid the U.S. aerospace industry as the plane maker, its suppliers and airline customers face fallout from the growing coronavirus crisis.

- SoftBank Group Corp is backing away from part of its planned bailout of WeWork, people familiar with the matter said, privately citing several regulatory investigations of the office-sharing company.

- Walt Disney Co is looking to sell TrueX, an advertising-technology company it absorbed as part of its $71.3 billion acquisition of 21st Century Fox assets last year, according to people familiar with the matter. (Compiled by Bengaluru newsroom)

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