PRESS DIGEST - Wall Street Journal - Aug 25
Aug 25 (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.
* Burger King is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons Inc, a deal that would be structured as a so-called tax inversion and move the hamburger seller's base to Canada. (on.wsj.com/1pvlPWa)
* The extremist group Islamic State captured a major air base in northeastern Syria, marking another strategic gain and an end to any presence of Syrian regime forces in the province of Raqqa. (on.wsj.com/1t5lZWN)
* Roche Holding AG agreed to buy biotech company InterMune Inc for $8.3 billion in cash, the biggest acquisition in years for the Swiss pharmaceutical giant. (on.wsj.com/1tuYCEB)
* Federal Reserve officials are signaling they are on track to start slowly raising interest rates next year, a shift that means a delicate balancing act for investors.(on.wsj.com/1vdlKcK) Continued...