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PRESS DIGEST - Wall Street Journal - Nov 2

Published 2015-11-02, 12:27 a/m
© Reuters.  PRESS DIGEST - Wall Street Journal - Nov 2
GM
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Nov 2 (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.

- Sprint Corp S.N Chief Executive Marcelo Claure is
looking to shave as much as $2.5 billion from the company's
operating expenses in the next six months. Among the first
things to go: free water bottles and yogurt.

- A short seller attacking Valeant Pharmaceuticals (N:VRX)
International Inc VRX.TO has pulled back on hints that he
would unleash new bombshell revelations Monday about the drug
company.

- The Affordable Care Act's third open enrollment season got
under way, with a new array of health plans that show how the
law's influence is starting to transform the insurance industry.

- There is a new price surge in the pharmaceutical industry
- for a limited number of government-issued vouchers that drug
makers, including AbbVie Inc (N:ABBV) and Sanofi SA SASY.PA ,
are buying to speed products to market.

- The United Auto Workers union is facing new pressures
after a split vote at two plants showed the union's leadership
still has much work ahead if it wants members to ratify a new
four-year contract with General Motors Co (N:GM).

- Newspaper publisher Freedom Communications Inc, owner of
the Orange County Register, on Sunday filed for bankruptcy-court
protection with a plan to sell the beleaguered company to a
local investment group led by the company's publisher.

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