PRESS DIGEST- Wall Street Journal - Feb 7

Feb 7 (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.

- CVS Health Corp is close to an agreement to acquire Oak Street Health Inc for about $10.5 billion including debt, a deal that would rapidly expand the big healthcare company's footprint of primary-care doctors with a large network of senior-focused clinics, according to people with knowledge of the matter.

- Google is rolling out a new controversial artificial-intelligence service to a select set of testers, and plans a broader public launch in coming weeks, part of the company's effort to play catch-up with challengers such as OpenAI, creator of the popular chatbot ChatGPT.

- Bed Bath & Beyond Inc has secured investor backing for a more than $1 billion capital raise to stave off bankruptcy and try to turn around its flagging business, people familiar with the matter said.

- Republicans in Florida's House of Representatives on Monday filed a bill that would dramatically alter the governance — and even change the name of — the Reedy Creek Improvement District, a special-tax district near Orlando that has allowed Disney to self-govern the land that houses its Walt Disney World Resort for more than 50 years.

- The theater chain AMC Entertainment Holdings Inc said Monday it was rolling out a new plan that adjusts ticket prices during peak shows based on where viewers sit.

- U.S. House Speaker Kevin McCarthy said Republicans would seek to eliminate the annual budget deficit in talks with Democrats over raising the debt limit, a demand that would likely require deep cuts to federal spending. (Compiled by Bengaluru newsroom)