financetom
Business
financetom
/
Business
/
PRESS DIGEST- Wall Street Journal - June 24
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Wall Street Journal - June 24
Jun 24, 2025 12:11 AM

June 24 (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.

- C&S Wholesale Grocers agreed to buy SpartanNash ( SPTN )

for around $1.77 billion, including debt, looking to expand its

supply chain and keep grocery prices low as inflation concerns

rise in the United States.

- The U.S. Federal Trade Commission will allow Omnicom Group ( OMC )

to acquire Interpublic Group after the companies

promised not to collude on politically motivated ad boycotts.

- New York intends to build a large nuclear-power facility,

the first major new U.S. plant undertaken in more than 15 years

and a big test of President Donald Trump's promise to expedite

permitting for such projects.

- U.S. semiconductor supplier Wolfspeed ( WOLF ) signed

a restructuring deal with top creditors to cut roughly $4.6

billion in debt through a bankruptcy filing.

- Hormel Foods ( HRL ) said former CEO Jeffrey Ettinger

will return to helm the Skippy peanut butter maker on an interim

basis for 15 months starting July 14.

- The U.S. Supreme Court on Monday cleared the way for the

Trump administration to swiftly deport certain migrants to

countries they aren't from.

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
LENZ Therapeutics Q2 Net Loss Widens; $5 Million Revenue Posted
LENZ Therapeutics Q2 Net Loss Widens; $5 Million Revenue Posted
Jul 30, 2025
08:54 AM EDT, 07/30/2025 (MT Newswires) -- LENZ Therapeutics ( LENZ ) reported a Q2 net loss Wednesday of $0.53 per diluted share, compared with a loss of $0.40 a year earlier. Analysts polled by FactSet expected a loss of $0.61. Revenue for the quarter ended June 30 was $5 million, compared with no revenue a year earlier. Analysts surveyed...
Redwood Trust Reports Q2 Core Segments EAD of $0.18
Redwood Trust Reports Q2 Core Segments EAD of $0.18
Jul 30, 2025
08:56 AM EDT, 07/30/2025 (MT Newswires) -- Redwood Trust ( RWT ) reported Wednesday Q2 non-GAAP core segments earnings available for distribution of $0.18 per share. Year-ago figures weren't provided and analyst estimates were not available for comparison. On a reported basis, the company reported Q2 net loss of $0.76 per share. Analysts polled by FactSet expected EPS of $0.17....
Fortive quarterly profit falls on sluggish demand but beats estimates
Fortive quarterly profit falls on sluggish demand but beats estimates
Jul 30, 2025
July 30 (Reuters) - Fortive ( FTV ) on Wednesday beat second-quarter profit estimates, as higher margins at its healthcare segment and lower operating costs at its larger intelligent operating solutions segment, offset softening demand for the company's industrial products. Shares of the maker of industrial measurement equipment and software-enabled automation used in various industries rose nearly 2.1% in premarket...
Copyright 2023-2026 - www.financetom.com All Rights Reserved