PRESS DIGEST-Wall Street Journal - June 11

Meta Platforms
Bank Of America
general motors
Jpmorgan Chase
Dauch

Meta Platforms

META

0.00

Bank Of America

BAC

0.00

general motors

GM

0.00

Jpmorgan Chase

JPM

0.00

Dauch

DCH

0.00

- 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 U.S. launched a fresh wave of strikes against Iran on Wednesday, targeting air defenses and radar sites near the Strait of Hormuz on orders from President Donald Trump.

- OpenAI is considering cutting prices for its AI services to compete with rival Anthropic, with potential changes to token pricing still under discussion.

- The Justice Department has sent subpoenas to several major U.S. banks, including JPMorgan Chase JPM.N and Bank of America BAC.N, seeking information on whether they improperly closed customer accounts for political reasons.

- UAW said it has reached a tentative agreement with Dauch Corp DCH.N to end a 10-day strike by workers at a Michigan plant producing axles for General Motors GM.N trucks.

- Canada proposed banning children under 16 from using social media platforms, with potential exemptions if companies such as Meta META.O and Snapchat SNAP.N meet safety requirements.

- U.S. President Donald Trump called on Congress to pass a short-term extension of the Section 702 federal surveillance program amid concerns among lawmakers over his interim intelligence chief pick.