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PRESS DIGEST - Wall Street Journal - Oct 22

Published 2015-10-22, 01:01 a/m
© Reuters.  PRESS DIGEST - Wall Street Journal - Oct 22
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Oct 22 (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. authorities have launched a series of wide-ranging
investigations into whether Venezuela's leaders used Petróleos
de Venezuela, or PdVSA, to loot billions of dollars from the
country through kickbacks and other schemes.(http://on.wsj.com/1jUQ8pe)

- Approval of a four-year labor contract with Fiat Chrysler (N:FCAU)
Automobiles NV FCAU.N FCHA.MI appeared headed for victory
Wednesday night after United Auto Workers members at the auto
maker's larger plants voted in favor of the deal.(http://on.wsj.com/1KpxhIq)

- Western Digital Corp WDC.O agreed to buy SanDisk Corp
SNDK.O for about $19 billion in cash and stock, a deal that
moves the disk drive maker into a faster-growing business that
uses chips to store data. (http://on.wsj.com/1W5IFFr)

- The United States and Russia will meet at an international
conference on Syria this week, in their first face-to-face talks
on the crisis since Russian warplanes began combat missions over
Syria. (http://on.wsj.com/1KpuAGA)

- Valeant Pharmaceuticals International Inc (N:VRX) VRX.TO
defended its relationship with a specialty pharmacy that
distributes some of its drugs, following a critical report by a
short-selling research firm that wiped as much as $20 billion
from its market value on Wednesday. (http://on.wsj.com/1RpAFID)

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