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After more than a year behind bars in Russia,

Wall Street Journal reporter Evan Gerskovic is free.

The release comes as part of an extensive prisoner swap.

This deal was a very long time coming,

was very complicated, and the president made clear that he had personally worked on it very hard.

Plus, food companies have been raising prices for years,

but have their customers reached their limits.

It's Thursday, August 1st.

I'm Pierre Biename for the Wall Street Journal.

This is the PM edition of What's News,

the top headlines and business stories that move the world today.

Evan Gershovic is free. Russia released the wrongly convicted Wall Street Journal reporter

as part of the biggest and most complex East-West prisoner swap since the Cold War.

Gerschovic and more than a dozen others jailed by the Kremlin,

including former Marine Paul Wheelen, journalist Alsu Korma Sheva, and Vladimir Karamorsa, a British-Russian dissident

and Pulitzer Prize-winning columnist, were exchanged for Russians held in the U.S. and Europe,

including Russian assassin Vadim Krasikakov, who was convicted of murder in Germany.

Gerschovic and other Americans were handed over to U.S. authorities at an airport in Ankara,

Turkey and were set to board a plane to the U.S.

...