PRESS DIGEST- Wall Street Journal - June 27
June 27 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
ISTANBUL May 24 Turkish authorities seized or appointed an administrator to a total of 879 companies worth 40.3 billion lira ($11.32 billion) in assets in the eight months since the failed coup last July, the state fund that runs the firms said on Wednesday.
According to a quarterly report by Turkey's Savings and Deposits Insurance Fund (TMSF), nearly 45,000 people were working in the seized companies. It added that a total of 147 media companies were shut down within the same period.
Turkey has taken control of a bank, several media firms and other enterprises as part of a crackdown on companies it suspects of links to sympathisers of Fethullah Gulen, the U.S.-based cleric the government blamed for the July 15 failed putsch.
($1 = 3.5610 liras) (Reporting by Behiye Selin Taner; Writing by Humeyra Pamuk; Editing by Dominic Evans)
WILMINGTON, Del., June 26 SCANA Corp said on Monday it extended its assessment for six weeks of an unfinished U.S. nuclear power plant being built for the utility by a unit of Toshiba Corp, which is seeking to cut ties to the financially disastrous project.
NEW YORK, June 26 The trustee recouping money for Bernard Madoff's victims has reached more than $23 million of settlements with the estates of the swindler's late sons and related defendants, ending more than eight years of litigation.