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Aug 1 (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 said it is shedding about 5,000 jobs to help reduce costs as the retail pharmacy giant sharpens its focus on healthcare services.
- Online betting firm Flutter Entertainment and broadcaster Fox Corporation will close U.S. sports betting platform FOX Bet.
- New Relic said it has agreed to be taken private by TPG and Francisco Partners in a $6.5 billion all-cash deal.
- Workers dismantled a giant X sign from the top of the San Francisco headquarters of the company formerly known as Twitter after residents complained and the city issued a violation notice for lack of a permit.
- The Biden administration will keep the headquarters for U.S. Space Command in Colorado, reversing a Trump-era plan to move it to Alabama.
- Republican presidential candidate Ron DeSantis said if elected he would look at a national ban of TikTok, the popular video sharing app, citing a growing threat to the U.S. from China. (Compiled by Bengaluru newsroom)