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Wall Street Journal - Sept 5

The following are the top stories in the Wall Street Journal. Reuters has actually not confirmed these stories and does not vouch for their accuracy.

- Johnson & & Johnson is expected to protect more votes in favor of its talc settlement strategy after increasing its deal to complaintants, which has actually swayed a long time legal foe, the business stated Wednesday.

- Jeep's parent company Stellantis has pushed time out on making two of its top-selling U.S. designs, as its factories momentarily stopped producing the Jeep Wrangler and Grand Cherokee sport-utility vehicles in the previous week.

- Private-equity firm KKR will release a tender offer to acquire Japanese software developer Fuji Soft following a higher counter bid from rival Bain Capital.

- Nvidia is buying Sakana AI and partnering with the expert system research study company to spur AI advancement in Japan.

- U.S. Steel's president David Burritt said the company would close steel mills if its scheduled sale to Nippon Steel collapses, as the Biden administration is moving closer to blocking the deal.

- Verizon remains in advanced talks to obtain Frontier Communications in a deal that would boost the company's fiber network to compete with competitors consisting of AT&T.

(source: Reuters)