May 4, 2017 / 5:18 AM / 9 months ago

PRESS DIGEST - Wall Street Journal - May 4

May 4 (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 National Football League has struck a deal with Verizon Communications Inc to stream one regular-season game in the coming season, in a bet that distributing the matchup free for consumers over the internet will lure more users and advertising dollars to its platforms.

- Facebook Inc continues to sweep digital advertising, alongside rival Google, despite unrest among marketers about how their advertising is handled. Facebook on Wednesday said first-quarter profit surged 76 percent to $3.06 billion.

- With just weeks left for Tesla Inc to meet his tight production deadline for its first mass-market vehicle, Chief Executive Elon Musk sounded confident the goal will be met.

- Apple Inc plans to create a $1 billion fund to invest in U.S. companies that do advanced manufacturing, Chief Executive Tim Cook said on Wednesday.

Compiled by Abinaya Vijayaraghavan in Bengaluru

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