August 25, 2017 / 5:21 AM / a year ago

PRESS DIGEST - Wall Street Journal - Aug 25

Aug 25 (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.

- Inc said it will begin slashing prices on grocery staples at Whole Foods Market Inc, the first of several changes the e-commerce giant plans to make at its latest and biggest acquisition, sending stocks of traditional grocers into a fresh tailspin.

- SoftBank Group Corp has finalized a $4.4 billion investment in office-sharing company WeWork Cos, a massive deal that demonstrates the outsize ambition of the Japanese conglomerate to wield influence in startups around the world.

- Early signs of concern about the federal debt ceiling are creeping into the financial markets, as President Donald Trump pressured lawmakers over how to proceed on the issue.

- Elon Musk built a company that's more valuable than General Motors Co or Ford Motor Co. Now, his ambitious goals for Tesla Inc's Autopilot technology are being tested by resignations and disquiet in the engineering ranks.

- Big internet firms are seeking to get liability protections they enjoy in the U.S. inserted into a renegotiated North American Free Trade Agreement, adding fuel to a fight over the legal shield that some lawmakers say has facilitated online sex trafficking. (Compiled by Bengaluru newsroom)

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