PRESS DIGEST-Wall Street Journal - March 25

Reuters

Mon, Mar 25, 2024, 12:59 AM1 min read

March 25 (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 Politan Capital Management, which last year won two seats on the board of medical technology company Masimo Corp, is planning a second proxy battle for two more seats.

- NBC News's Chuck Todd sharply criticized the news organization over its hiring of former Republican National Committee Chairwoman Ronna McDaniel, the latest sign of the backlash within the company over the high-profile hire.

- New Jersey's first lady Tammy Murphy suspended her bid for the U.S. Senate seat held by Democrat Robert Menendez, who faces a public-corruption trial.

- China Evergrande Group is withdrawing its applications for Chapter 15 offshore debt restructuring filed in the U.S.

(Compiled by Bengaluru newsroom)

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement official.
CoinDesk•2d ago
Sen. Warren challenger goes to bat for Coinbase, crypto industry in SEC lawsuit
US Senate candidate and attorney John Deaton filed an amicus brief in the Southern District of New York in support of crypto exchange Coinbase in its legal battle against the SEC
Fox Business•2d ago
How TikTok Lost the War in Washington
Coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app.
The Wall Street Journal•5h ago
Biden Administration Shelves Plan to Ban Menthol Cigarettes
The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.
The Wall Street Journal•2d ago
A Brief History of the Fed’s Uneasy Peace With the White House
The Federal Reserve was anxious. For years after the end of World War II, the central bank had maintained its wartime policy of holding interest rates of U.S. debt at low levels. The Fed felt it was time to end its low-rate policy.
The Wall Street Journal•2d ago
Key House Republican Would Back Stablecoin-Marijuana Combo Bill
(Bloomberg) -- Representative French Hill, a senior Republican on the Financial Services Committee, said he would support combination legislation tying marijuana banking to stablecoin regulation if negotiators can reach a deal.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingMusk Makes Surprise China Visit, a Week After Nixing IndiaElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoFed Repricing Gives Rise to New Equities Playbook in AsiaApple Intensi
Bloomberg•2d ago
Forget Nvidia: Members of Congress Are Scooping Up Shares of Its Core Rival Instead
There's a much more popular AI stock on Capitol Hill than the leading AI chip maker.
Motley Fool•1d ago
Former House Speaker Nancy Pelosi Nearly Tripled the S&P 500's Returns in 2023: Here Are the Stocks She's Been Buying
Nancy Pelosi's husband Paul Pelosi uses an investing strategy that lowers upfront costs.
Motley Fool•5h ago
California Fast-Food Chains Are Now Serving Sticker Shock
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
The Wall Street Journal•11h ago
The Rules for RMDs Are Complicated. They Have Changed Yet Again.
If you have inherited retirement assets, have a Roth 401(k) or want to give retirement money to charity, you may be impacted by tweaks to this year’s rules for RMDs.
Barrons.com•9h ago

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PRESS DIGEST-Wall Street Journal - March 25

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Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

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