PRESS DIGEST - Wall Street Journal - Jan 22

Jan 22 (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.

- J.C. Penney Co Inc's sales are falling, its stores are stuck in malls and the turnaround strategy keeps changing. Now, three months after the embattled retailer hired a new chief executive, a handful of senior positions remain vacant. https://on.wsj.com/2CBUiO1

- A French regulator fined Alphabet Inc's Google 50 million euros ($56.78 million) — the biggest penalty so far under a new European privacy law — alleging the search-engine giant didn't go far enough getting valid user consent to gather data for targeted advertising. https://on.wsj.com/2CBmGjo

- Russia launched administrative action against Facebook Inc and Twitter Inc on Monday for failing to comply with its data laws, a move that comes just days after Facebook removed the accounts of what it said were two misinformation campaigns based in the country. https://on.wsj.com/2CFdvyG

- The Tokyo District Court on Tuesday again rejected Carlos Ghosn's request for release on bail, despite his pledge to abide by strict bail terms, including wearing an ankle bracelet. https://on.wsj.com/2Cygw3z

($1 = 0.8807 euros) (Compiled by Bengaluru newsroom)