PRESS DIGEST — Wall Street Journal — October 15

Oct 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. - Netflix is laying off 6% of its staff, or roughly 1,000 positions globally, amid slowing growth and customer engagement. - Streaming platform YouTube, owned by Alphabet's Google, has held discussions with publishers about developing an audiobook feature that could be ready to launch by next year. - Japan will invest up to $21 billion to help GlobalFoundries build two chip factories in New York state, which will be jointly owned by the US government and Japanese interests. - American Electric Power said it plans to invest about $4 billion in a Wyoming fuel cell generation project to supply Alphabet's Google under a 20-year power purchase agreement. - Switzerland’s Galderma Group has agreed to buy ZO Skin Health from Blackstone for an enterprise value of $1.5 billion, in a move to expand its premium skincare portfolio. - White House press secretary, Katie Zacharia, is facing scrutiny over her legal career following reports that she never passed a US bar exam before becoming the top spokeswoman for US President Donald Trump. (