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Wall Street Journal - Sept 4



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Sept 4 (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.


- Japanese software developer Fuji Soft 9749.T said it has received a counteroffer proposal from Bain Capital and would consider it if the U.S. private-equity firm submits a binding offer.


- A strike by more than 15,000 AT&T T.N workers in the Southeast is stretching into a third week after a federal mediation process to end the standoff broke down.


- Molson Coors TAP.N, the maker of Coors Light and Miller beers, is the latest company to pull some of its diversity policies and initiatives.


- Six credit-rating providers, including Moody's Investors Service MCO.N and S&P Global Ratings SPGI.N, agreed to pay a total of $49 million in civil penalties in the latest settlement with the U.S. Securities and Exchange Commission over the use of so-called off-channel communications.


- Linda Sun, a former aide to New York Gov. Kathy Hochul, helped a Chinese official eavesdrop on a conference call and forged the governor's signature as part of a lucrative scheme to advance Beijing's interests, according to a federal indictment unsealed on Tuesday.


(Compiled by Bengaluru newsroom)

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