January 26, 2016 / 6:07 AM / 2 years ago

PRESS DIGEST - Wall Street Journal - Jan 26

Jan 26 (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 Supreme Court ruled Monday that convicts who received life sentences as juveniles can seek parole, extending the possibility of freedom to as many as 2,500 inmates who otherwise would die in prison. (on.wsj.com/1PhlByD)

- The White House unveiled on Tuesday a raft of proposals to make it easier for workers to save for their retirements, in part by pushing businesses and states to make benefits more portable. The steps include a $100 million grant proposal to explore ways to provide benefits that are portable across employers and are available to workers who are self-employed, are part-timers or have multiple employers. (on.wsj.com/1PhlItY)

- Hassan Rouhani landed in Rome on Monday on his first overseas trip since the European Union lifted sanctions on Jan. 16 in return for Tehran's implementation of key restrictions on its nuclear program. With a number of U.S. sanctions still in place, European countries are moving quickly to re-establish ties to sell everything from consumer goods to aircraft. (on.wsj.com/1PhlRxm)

- Johnson Controls Inc and Tyco International Plc agreed to merge in a $14 billion deal that creates a new giant provider of commercial-building systems and reflects a growing push by some executives and shareholders toward companies that are bigger but more focused. (on.wsj.com/1PhlSBC)

- A highly anticipated new energy-demand projection from Exxon Mobil Corp released Monday cuts the company's expectations for China. And a slew of data is emerging that points to the toll a weakened economy has taken on Chinese energy demand, which is among the most important factors in determining the price of crude oil. (on.wsj.com/1Phm5Vs)

Compiled by Sangameswaran S in Bengaluru

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