Wall Street Breakfast

Microsoft (MSFT) battles with FTC in court over $69B Activision (ATVI) deal (00:25). Ford (F) preps for another round of layoffs - report (01:55). Virgin Galactic Holdings (SPCE) files to sell another $400M worth of stock (02:38).

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J&J talc bankruptcy unit to establish $750M trust fund with insurers
Ouster announces layoffs, reaffirms second-quarter revenue outlook
Amazon pops as Loop Capital says AWS slowdown likely to 'bottom' soon
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Warner Bros. Discovery in talks for $500M sale of half of music publishing assets
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