PRESS DIGEST – Wall Street Journal – March 24

March 24 (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.

– Major U.S. airlines are drafting plans for a potential voluntary shutdown of virtually all passenger flights across the country as government agencies also consider ordering such a move and the nation’s air-traffic control system continues to be ravaged by the coronavirus contagion. (

– PG&E Corp said it would accept criminal responsibility for starting the deadliest wildfire in California’s history, becoming one of a small number of U.S. corporations to plead guilty to felony charges of involuntary manslaughter. (

– Japan’s SoftBank Group Corp said on Monday it would sell billions of dollars in assets to prop up its plunging stock price and shore up its debt-laden balance sheet following the threat of a ratings downgrade. (

– The National Rifle Association is cutting salaries by 20% across the board and laying off an unspecified number of employees amid a plunge in fundraising during the coronavirus crisis. ( (Compiled by Bengaluru newsroom)

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