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PRESS DIGEST- Wall Street Journal - Jan 18

Published 2017-01-18, 12:30 a/m
© Reuters.  PRESS DIGEST- Wall Street Journal - Jan 18

Jan 18 (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.

- President Barack Obama shortened Chelsea Manning's 35-year prison sentence Tuesday, setting a May release for the former Army intelligence analyst convicted of leaking government secrets.

- As Donald Trump prepares to take the oath of office, a growing share of Americans disapprove of how he has handled his transition to the White House, a new Wall Street Journal/NBC News poll finds.

- The Federal Trade Commission on Tuesday sued Qualcomm Inc QCOM.O alleging the semiconductor company engaged in unlawful tactics to maintain a monopoly on a type of chip used in cellphones.

- Theranos failed a second major U.S. regulatory inspection of its laboratory facilities, people familiar with the situation said, a setback the Silicon Valley blood-testing firm hasn't disclosed to investors or patients.

- British American Tobacco BATS.L agreed to take full control of Reynolds RAI.N in a $49.4 billion deal that marks renewed interest among international players in the U.S. tobacco market.

- Allergan (NYSE:AGN) PLC AGN.N will pay $15 million in fines and admit to disclosure violations during a hostile takeover bid from Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO , the Securities and Exchange Commission said Tuesday.

- Deutsche Bank DBKGn.DE completed a $7.2 billion deal to resolve U.S. claims that it misled investors on mortgage securities it sold before the 2008 financial crisis, authorities said.

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- Prime Minister Theresa May said the U.K. intends to leave the EU's single market, outlining a plan for a clear break from the bloc and answering the biggest open question about her vision for Britain's future.

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