PRESS DIGEST- Wall Street Journal – Dec 6

Dec 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.

– U.S. President-elect Donald Trump on Thursday said he was appointing former PayPal Chief Operating Officer David Sacks as his “White House A.I. & Crypto Czar,” another step towards overhauling U.S. policy.

– U.S. President-elect Donald Trump said he would nominate former Georgia Sen. David Perdue to be the U.S. ambassador to China, charging the business executive with navigating relations between the world’s two biggest economies on the brink of a fresh trade war.

– A U.S. federal judge rejected Boeing’s proposed agreement with the Justice Department to plead guilty to a conspiracy to defraud the federal government in connection with two fatal 737 Max crashes.

– Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant it bought in Pleasant Prairie, Wisconsin earlier this year, as it scrambles to meet soaring demand for its weight-loss and diabetes drugs.

– NASA Administrator Bill Nelson announced on Thursday new delays in the U.S. space agency’s Artemis program to return astronauts to the moon for the first time since 1972.

– McKinsey and Company Africa Ltd, a subsidiary of McKinsey & Company, will pay more than $122 million to resolve a U.S. investigation into a bribery scheme in South Africa.

(Compiled by Bengaluru newsroom)

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