December 28, 2017 / 5:43 AM / 3 months ago

PRESS DIGEST - Wall Street Journal - Dec 28

Dec 28 (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.

- A year after delivering an unusual pay cut, Apple Inc gave Chief Executive Tim Cook and other top executives a big boost in compensation for fiscal-year 2017 as the company exceeded annual sales and profit goals.

- A Chinese car maker Zhejiang Geely Holding Group Co said it would buy a $3.24 billion stake in Swedish truck-and-bus maker Volvo AB, another sign of the appetite among Chinese companies for global automotive assets.

- U.S. Secretary of State Rex Tillerson, in a call to Russian counterpart Sergei Lavrov, urged Russia to moderate its stance toward Ukraine, while Lavrov exhorted the U.S. to back away from confrontation with North Korea. (Compiled by Bengaluru newsroom)

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