November 6, 2019 / 5:36 AM / 3 months ago

PRESS DIGEST -Wall Street Journal - Nov 6

Nov 6 (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.

- Xerox Holdings Corp has set its sights on a takeover of personal-computer and printer maker HP Inc. Xerox is considering making a cash-and-stock offer for HP, which has a market value of about $27 billion.

- The mayors of Oakland, Sacramento and more than a dozen other California municipalities are joining San Jose in a campaign to buy out the investor-owned PG&E Corp. and turn it into a giant customer-owned cooperative.

- AstraZeneca PLC plans to raise up to $1 billion for a new fund that would invest in Chinese health-care startups, making it the latest drug giant to place a bet on the world's second-largest pharmaceuticals market.

- AT&T Inc has agreed to pay $60 million to settle the Federal Trade Commission's allegations that the wireless provider reduced millions of customers' data speeds while charging them for unlimited data plans.

- The Federal Communications Commission formally approved T-Mobile US Inc's merger with smaller rival Sprint Corp , in a 3-2 vote split among party lines.

Compiled by Bengaluru newsroom

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