May 2, 2017 / 5:58 AM / a year ago

PRESS DIGEST - Wall Street Journal - May 2

May 2 (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.

- The sexual harassment scandal that has engulfed Fox News for nearly a year claimed another casualty with the resignation of Bill Shine, the network's co-president and one of its longest-serving executives.

- Theranos Inc settled a lawsuit alleging the company and its founder, Elizabeth Holmes, defrauded a San Francisco hedge fund into making a $96.1 million investment through "a series of lies," the company said Monday.

- Home-sharing sites Airbnb Inc and Expedia Inc's HomeAway have reached a settlement with San Francisco that makes it easier for rental hosts to register with the city and helps the companies avoid costly fines.

- IAC plans to buy Angie's List Inc combining the consumer-review site with IAC/InterActiveCorp's HomeAdvisor and forming a new, publicly traded company for a deak valued at more than $500 million.

- Drug company Valeant Pharmaceuticals International Inc said it has made $220 million in unscheduled debt payments, its latest effort to chip away at the multibillions of dollars its owes. (Compiled by Abinaya Vijayaraghavan in Bengaluru)

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