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PRESS DIGEST- Wall Street Journal - March 19
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PRESS DIGEST- Wall Street Journal - March 19
Mar 18, 2024 10:53 PM

March 19 (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.

- Grocer Kroger said it had entered a definitive

agreement for the sale of its specialty pharmacy business to

CarelonRx, a unit of U.S. health insurer Elevance.

- Nvidia's ( NVDA ) CEO Jensen Huang introduced the

company's latest AI chip, which is 30 times speedier at some

tasks than its predecessor, in his company's annual developer

conference.

- FedEx ( FDX ) and Amazon ( AMZN ) have explored doing more

business with each other which includes FedEx ( FDX ) accepting returns

of Amazon ( AMZN ) packages at its retail locations, bringing the

delivery giant a share of the business.

- FreightCar America ( RAIL ) named Nicholas J. Randall as

its next chief executive officer after James R. Meyer submitted

his resignation from the role.

- U.S. auto-safety regulators have opened an investigation

into a recent fatal wreck involving a Ford Motor ( F )

sport-utility vehicle that is suspected to have involved the

automaker's advanced-driver assistance technology.

- Cisco Systems ( CSCO ) closed its $28 billion all-cash

acquisition of cybersecurity and analytics company Splunk ( SPLK )

.

(Compiled by Bengaluru newsroom)

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