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PRESS DIGEST- Wall Street Journal - March 4
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PRESS DIGEST- Wall Street Journal - March 4
Mar 3, 2025 9:37 PM

March 4 (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.

- Walgreens Boots Alliance ( WBA ) is nearing a deal with

private equity firm Sycamore Partners that would take the

struggling drugstore chain private for around $10 billion.

- Taiwanese semiconductor company TSMC plans to

make a fresh $100 billion investment in the U.S. that would

involve building five additional chips facilities in the country

in the coming years, its CEO announced with U.S. President

Donald Trump on Monday.

- 23andMe rejected its CEO and co-founder Anne

Wojcicki's proposal to buy back the DNA-testing company at 41

cents a share, as the struggling company explores strategic

alternatives.

- U.S. supermarket chain Kroger's ( KR ) CEO Rodney McMullen

resigned from the company following a board investigation into

his personal conduct, ending a more than four-decade career at

the grocery chain.

- Albertsons ( ACI ) said on Monday its CEO Vivek Sankaran

will retire and insider Susan Morris will assume the top role,

as the supermarket chain shifts focus to build its digital sales

and retail media business.

- U.S. President Donald Trump said on Monday that 25%

tariffs on goods from Mexico and Canada will take effect from

Tuesday, adding that there was "no room left" for a deal that

would avert the tariffs.

(Reporting by Janaki Venugopalan in Bengaluru)

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