PRESS DIGEST- Wall Street Journal – Aug 2

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Aug 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.

– The United States said on Monday that a missile launched from a drone in Afghanistan killed Ayman al Zawahiri, a founding member of the al Qaeda and one of the key strategists behind the Sept. 11 attacks. https://on.wsj.com/3cYAEBT

– U.S. House Speaker Nancy Pelosi is planning to visit Taiwan and meet with government officials this week, defying warnings from Beijing and setting up the potential for increased tensions between the United States and China. https://on.wsj.com/3JpQscN

– Biotech Amgen Inc is in a pitched battle with the U.S. Internal Revenue Service over Amgen’s international tax strategy and $10.7 billion in back taxes and penalties that the agency says it is owed. https://on.wsj.com/3oOqSVs

– Toronto-Dominion Bank is close to buying investment bank Cowen Inc in a deal valued at more than $1 billion deal. https://on.wsj.com/3OTRgId

– A group led by Apollo Global Management Inc is in advanced talks to buy airfreight company Atlas Air Worldwide Holdings Inc. https://on.wsj.com/3zQx4CK

– Estée Lauder Cos Inc is in talks to buy luxury fashion brand Tom Ford in a deal worth $3 billion or more representing the cosmetics giant’s largest-ever acquisition. https://on.wsj.com/3oQ6bZr

(Compiled by Bengaluru newsroom)