April 13 (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.
- Regulators are set to reject the so-called living wills of
at least half of the U.S.'s systemically important banks,
including J.P. Morgan Chase & Co JPM.N , sending them
scrambling to revise plans for a potential bankruptcy, according
to people familiar with the matter.
- The Treasury Department's new corporate rules will reach
far beyond the few companies that moved their legal addresses to
low-tax countries, forcing many firms based in the U.S. to
change their internal financing strategies and tax planning.
- A large holder of Valeant Pharmaceuticals (NYSE:VRX) International
Inc's VRX.TO bonds called a default as a result of the
Canadian drugmaker's failure to file its annual report earlier
this year, adding to the litany of woes it faces.
- Chip maker Integrated Device Technology IDTI.O was the
subject of a mysterious regulatory filing Tuesday, submitted by
individuals claiming to own a chunk of the company and looking
to buy the rest of it at a steep premium.
- The Central Intelligence Agency and its regional partners
have drawn up plans to supply more-powerful weapons to moderate
rebels in Syria fighting the Russia-backed regime in the event
the country's six-week-old truce collapses.