financetom
Business
financetom
/
Business
/
PRESS DIGEST-Wall Street Journal - August 7
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST-Wall Street Journal - August 7
Aug 6, 2025 10:53 PM

Aug 7 (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.

- Activist investor Starboard Value has a more than 9% stake

in Rogers Corp ( ROG ) and plans to seek another round of

changes at the engineering-materials maker to boost shares.

- Disney's ( DIS ) ESPN ( DIS ) and TKO Group's ( TKO ) World

Wrestling Entertainment have reached a more than $1.6 billion

agreement that will give the sports-media company exclusive

rights to many of WWE's most high-profile events.

- U.S. President Donald Trump said he would impose roughly

100% tariffs on all chips coming into the U.S. but exempt tech

companies that have promised to manufacture domestically, a big

win for Apple ( AAPL ) and other electronics firms worried about

new trade challenges.

- United Airlines flights started taking off again

late Wednesday, a few hours after a systemwide technology issue

prompted the carrier to halt departures.

- The Federal Trade Commission has moved to block

Edwards Lifesciences' ( EW ) proposed acquisition of

medical-device company JenaValve Technology.

- Microsoft ( MSFT ) is recruiting top talent from

Google's DeepMind, to encourage a startup-like culture

and also lucrative offers.

(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 >
--Toyota US February Sales Down 4.9% YOY to 175,349 Units, Bloomberg Reports
--Toyota US February Sales Down 4.9% YOY to 175,349 Units, Bloomberg Reports
Mar 3, 2025
01:03 PM EST, 03/03/2025 (MT Newswires) -- Price: 187.53, Change: +6.05, Percent Change: +3.33 ...
Pfizer could use existing US manufacturing to counter potential tariff hit
Pfizer could use existing US manufacturing to counter potential tariff hit
Mar 3, 2025
March 3 (Reuters) - Pfizer ( PFE ) CEO Albert Bourla said on Monday the drugmaker might move overseas manufacturing to its existing plants in the United States, if required, as the Trump administration threatens numerous tariffs on imported goods. Bourla's comments come as drugmakers brace for the possibility of 25% tariff on pharmaceutical imports. A company with an existing...
Market Chatter: Toyota Motor US February Sales Fall 4.9% Year Over Year to 175,349 Units
Market Chatter: Toyota Motor US February Sales Fall 4.9% Year Over Year to 175,349 Units
Mar 3, 2025
01:09 PM EST, 03/03/2025 (MT Newswires) -- Toyota Motor ( TM ) sold 175,349 units in the US in February, down 4.9% year-over-year, Bloomberg reported Monday. The automaker's electric vehicle sales in the US totaled 91,468 units last month, up 33.6% year-over-year, according to the report. Toyota ( TM ) did not immediately reply to a request for comment from...
Citi's consumer and retail M&A head Finkelstein to leave bank, sources say
Citi's consumer and retail M&A head Finkelstein to leave bank, sources say
Mar 3, 2025
NEW YORK, March 3 (Reuters) - David Finkelstein, a veteran investment banker who currently heads Citigroup's ( C/PN ) global consumer and retail banking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday. Finkelstein, who is based in New York, joined Citi from Bank of America ( BAC ) in 2018. During his stint at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved