Wall Street Journal - Aug 6
Aug 6 (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.
- A federal judge ruled that Google GOOGL.O engaged in illegal practices to preserve its search engine monopoly, delivering a major antitrust victory to the Justice Department in its effort to rein in Silicon Valley technology giants.
- Elon Musk revived his lawsuit against OpenAI in federal court, alleging that he was manipulated into believing that the artificial-intelligence company he was helping launch was a nonprofit.
- China Evergrande Group 3333.HK is seeking to recover $6 billion from its founder and others amid the former property giant's continuing liquidation.
- L'Oreal OREP.PA agreed to buy a minority stake in Swiss skincare company Galderma GALD.S valued at $1.85 billion, bolstering its exposure to the fast-growing market for aesthetic injections such as fillers.
- U.S. mortgage financing firms Fannie Mae and Freddie Mac are preparing to impose stricter rules for commercial-property lenders and brokers, following a budding regulatory crackdown on fraud in the multi-trillion-dollar market.
(Compiled by Bengaluru newsroom)
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