November 15, 2018 / 6:07 AM / 6 months ago

PRESS DIGEST- Wall Street Journal - Nov 15

Nov 15 (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.

- British Prime Minister Theresa May secured cabinet approval for her Brexit deal Wednesday evening, clearing an important hurdle but setting the stage for a battle in Parliament that could shake her government and unravel the agreement with the European Union for Britain's orderly withdrawal.

- Lockheed Martin Corp has been awarded a roughly $22.7 billion contract from the U.S. Department of Defense to deliver 255 F-35 jets, a move that comes after the defense contractor was tasked with lowering the price of its planes.

- Warren Buffett's Berkshire Hathaway Inc took a $4 billion stake in JPMorgan Chase & Co in the third quarter, giving it sizable stakes in three of the four largest U.S. banks.

- A steep fall in GE Co's bonds to junk levels is roiling credit markets, spreading pain and gain among investors and banks.

- Signs of a global slowdown are increasing, indicating a deceleration in China and trade tensions are beginning to take a toll on much of the rest of the world. (Compiled by Bengaluru newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below