Wall Street Journal - Nov. 15



Nov 15 (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.

- Amazon.com Inc AMZN.O is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy.

- Alphabet Inc's GOOGL.O Google has agreed to pay $391.5 million to settle allegations that it persistently misled consumers about how it tracked them on mobile phones and other devices.

- Estee Lauder Companies Inc EL.N is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant's largest-ever acquisition.

- A two-year legal battle between Apple Inc AAPL.O and Fortnite maker Epic Games Inc over how apps are distributed on the iPhone took its next steps before the Ninth U.S. Circuit Court of Appeals on Monday.

- Tesla Inc TSLA.O shareholder Richard Tornetta is seeking to nullify Elon Musk's 2018 compensation grant, alleging that Musk controlled the board's consideration of his pay package and failed to disclose crucial information to shareholders, who signed off on it.

- A federal appeals court on Monday blocked U.S. President Joe Biden's administration from moving ahead with its mass student-debt cancellation program. (Compiled by Bengaluru newsroom)

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