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PRESS DIGEST- Wall Street Journal - Feb 27

Feb 27 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Disney's David Greenbaum has been named to the newly created role of president, overseeing Disney Live Action and 20th Century studios, reporting to Disney Entertainment co-Chairman Alan Bergman, Walt Disney Studios announced on Monday.

- Exxon Mobil Corp said on Monday it may preempt Chevron Corp's acquisition of a 30% stake in a giant Guyana oil block, the centerpiece of its deal for Hess Corp .

- Online travel platform Expedia said on Monday it was cutting about 1,500 jobs globally, or about 9% of its total workforce, as part of its "organizational and technological transformation".

- Australian building-materials supplier Adbri agreed to a takeover by U.S.-listed CRH and the Barro Group that values its equity at about $1.4 billion.

- The U.S. Federal Trade Commission and eight states said on Monday they are suing to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons, saying it would boost grocery prices for millions of Americans.

- Australia's No. 2 supermarket operator Coles Group on Tuesday rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying food inflation was a global problem and its margins were steady.

(Compiled by Bengaluru newsroom)

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