PRESS DIGEST - Wall Street Journal - April 28

April 28 (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.

- Gap Inc said it is eliminating 1,800 jobs as part of a broad restructuring aimed at making the company more nimble and less bureaucratic.

- Dropbox Inc will cut 500 jobs, about 16% of its workforce, amid slowing growth and an industrywide push toward artificial intelligence.

- Vice Media said it was restructuring its global news operation, including shutting down its Vice News Tonight broadcast, as the embattled media company looks to sell itself.

- Lyft Inc said Thursday that it is cutting over 1,000 additional jobs, days after a new chief executive took over and following a round of layoffs of 700 people in November.

- Coinbase Global Inc said Thursday it would fight the Securities and Exchange Commission over the agency's claim that much of its business is illegal and try to convince a court that Wall Street regulators lack the authority to oversee cryptocurrency markets.

- A U.S. appeals court on Thursday refused to revive a lawsuit filed by states against Meta's Facebook that alleged the company had broken antitrust law.

(Compiled by Bengaluru newsroom)

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

PRESS DIGEST - Wall Street Journal - April 28

By Reuters

Reuters

Reuters

Gold has a path to $4,000 as U.S. credibility crumbles - WisdomTree’s Nitesh Shah

Why gold revaluation charts put prices at $25,000-$55,000 if history rhymes, silver poised for breakout: Crescat Capital Strategist

Whether 145% or 10%, tariff uncertainty is enough to stop U.S. gold and silver imports, distort the metals market at all levels – Experts

Gold price plummets as U.S.-China trade relations thawing

Gold price down a bit amid better risk appetite