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PRESS DIGEST- Wall Street Journal - February 26
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PRESS DIGEST- Wall Street Journal - February 26
Feb 25, 2025 9:48 PM

Feb 26 (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.

- Over 45,000 U.S. dockworkers represented by the

International Longshoremen's Association (ILA) voted to ratify a

new six-year contract on Tuesday, formalizing a deal which

briefly stopped work at ports stretching from Maine to Texas in

October.

- Ukraine has agreed to a mineral-rights deal with the U.S.

that could be finalized as soon as Friday at a White House

meeting between U.S. President Donald Trump and Ukrainian

President Volodymyr Zelenskiy.

- BlackRock ( BLK ) cut references to its diversity, equity

and inclusion strategy in its latest annual report, joining the

list of Wall Street firms and corporate employers distancing

themselves from DEI.

- Onsemi has initiated a restructuring plan aimed at

reducing operational costs, which would result in the laying off

of about 2,400 of its employees across all business divisions

worldwide in 2025, the chipmaker said in a filing on Tuesday.

- Private equity firm Roark Capital has signed a deal to

acquire restaurant chain Dave's Hot Chicken for roughly $1

billion.

-Japan's ANA said it plans to buy more than $14 billion of

jets from Boeing ( BA ), Airbus and Embraer ( ERJ ),

partly to meet rising travel demand to Japan.

(Compiled by Bengaluru newsroom)

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