PRESS DIGEST-Wall Street Journal - April 15

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PRESS DIGEST-Wall Street Journal - April 15

, Reuters - 1:15 AM ET 4/15/2025 mergers-and-acquisitions

April 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.

- Meta Platforms ( META ) clashed with the U.S. Federal Trade Commission in court on Monday, as the agency sought to force the tech giant to sell Instagram and WhatsApp, alleging an illegal social media monopoly.

- U.S. home improvement retailer Lowe's will buy Artisan Design Group from private equity firm Sterling Group for $1.33 billion

- Netflix ( NFLX ) aims to hit a $1 trillion market cap and double its revenue from $39 billion in 2024 by 2030, targeting $9 billion in global ad sales.

- Pfizer Inc ( PFE ) will discontinue its experimental weight-loss pill danuglipron after a trial participant developed a potential drug-induced liver injury.

- Collins Foods ( CLLFF ) will exit its underperforming Taco Bell franchise, aiming to transfer its 27 Australian outlets to new ownership within a year, confirming discussions with Yum! Brands' Taco Bell International unit.

- Harvard University on Monday rejected Trump administration calls to change its governance over campus antisemitism claims, saying the government overstepped, hours before a $2.26 billion freeze on its multi-year grants and contracts was imposed.

(Compiled by Bengaluru newsroom)

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