tradingkey.logo

PRESS DIGEST - Wall Street Journal - April 11

ReutersApr 11, 2025 4:24 AM

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- More large law firms including Latham & Watkins, Simpson Thacher, Kirkland & Ellis are in talks with the White House to reach agreements to avert restrictions on their businesses by promising to do pro bono work that President Donald Trump supports, according to people familiar with the matter.

- Mike Jeffries, the former longtime chief executive of Abercrombie & Fitch ANF.N is suffering from dementia and is unfit to stand trial for alleged sex crimes, according to a court filing released on Thursday.

- The Trump administration is working to force Columbia University into a consent decree that would legally bind the school to follow federal guidelines in how it combats antisemitism, an extraordinary step that could significantly escalate the pressure on the school as it battles for federal funding.

- Scotts Miracle-Gro SMG.N is moving to separate its cannabis holdings from its core business, at least until the drug moves closer to federal legalization.

- A tourist helicopter plummeted upside down into New York City's Hudson River on Thursday killing all six people on board, including a Spanish family with three children and the pilot, Mayor Eric Adams said.

- Modelo Especial owner Constellation Brands' STZ.N beer sales are taking a hit as demand from Hispanic populations in key U.S. states slows down amid Trump's crackdown on immigration, company executives said on Thursday.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles