PRESS DIGEST- Wall Street Journal – Feb. 14

Feb 14 (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.

– Huawei Technologies Co and two of its U.S. subsidiaries were charged with racketeering conspiracy and conspiracy to steal trade secrets in a federal indictment, opening another front in the Trump administration’s battle against the Chinese telecommunications firm.

– Vivendi SA said it is planning an initial public offering of its Universal Music Group subsidiary.

– McClatchy Co has filed for bankruptcy protection, a move that comes as the nation’ newspaper industry is struggling to cope with a sharp decline in print advertising and the challenges of building a robust digital business.

– Walmart Inc is shutting down its Jetblack personal-shopping service and laying off most of its roughly 350 staffers after the retailer abandoned plans to find investors for the unprofitable operation.

Source: Read Full Article