PRESS DIGEST -Wall Street Journal

PRESS DIGEST -Wall Street Journal - July 16

PayPal Holdings, Inc.

PYPL

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Apollo Global Management Inc

APO

0.00

New York Times Company Class A

NYT

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July 16 (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 New York Times NYT.N hasfiled a court motion to block grand federal grand jury subpoenas to three of its journalists over their reporting on President Donald Trump's new Qatari-donated Air Force One.

- Stripe and private equity firm Advent International have made a joint offer to buy PayPal Holdings PYPL.O for $60.50 per share, valuing the fintech company at about $53 billion.

- The New York Yankees, are in advanced talks with Apollo Global Management APO.N to raise about $3 billion of financing.

- The U.S. is imposing a 25% tariff on certain Brazilian goods, following a yearlong investigation by trade officials into what they described as unfair trade practices.

- The Trump administration is considering placing a bond of $100,000 on some green-card seekers applying at U.S. consulates abroad.

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