December 18, 2019 / 5:38 AM / 8 months ago

PRESS DIGEST - Wall Street Journal - Dec. 18

Dec 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.

- PG&E Corp won court approval for a $13.5 billion settlement with victims of fires linked to its equipment but the utility said it expects talks to continue with California Gov. Gavin Newsom, who last week said its bankruptcy-exit plan falls short of needed reforms.

- Ford Motor Co will invest nearly $1.5 billion in two Michigan assembly plants, creating about 3,000 factory jobs in a politically pivotal state.

- Inc is expanding its domestic airfreight operation, hiring low-cost carrier Sun Country Airlines to operate 10 Boeing Co cargo jets to bolster next-day shipping.

- Airbus SE has started discussions with employees over a restructuring of its defense and space business to try to revive the unit after three consecutive years of falling orders.

Compiled by Bengaluru newsroom

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