PRESS DIGEST — Wall Street Journal — October 16

Oct 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. - Netflix named former Disney executive Peter Rice as chief content officer, succeeding Bela Bajaria, who is leaving as the company struggles with slowing growth. - Fast-food chain KFC has signed Coca-Cola as its beverage provider for US restaurants, ending its relationship with PepsiCo. - Natural-gas exporter Venture Global said it signed deals with GE Vernova and Baker Hughes to advance plans for off-grid power capacity that could support AI data centers and its LNG operations. - Penske Automotive Group has agreed to be taken private by Penske Corp and Japan's Mitsui in a deal that values the company at about $16.3 billion, including debt. - Tesla's top energy executive, Mike Snyder, has stepped down as vice president of energy and charging. - The US Justice Department sued California in an attempt to block the state from counting mail-in ballots it receives from 20,000 people the Trump administration alleges are likely non-citizens. (Compiled by Bengaluru newsroom) ((mailto:globalnewsmonitoring@thomsonreuters.com)