Press Digest: Wall Street Journal - Jan 29

Calumet

29/01/2025 07:35

Jan 29 (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.
    
    - Kohl's  KSS.N  is cutting roughly 10% of its corporate
workforce, two weeks after installing a new chief executive.
    
    - Sony Group  6758.T  said Chief Operating Officer Hiroki
Totoki, who has led the company's growth in entertainment
content, would become chief executive on April 1.
    
    - Calumet  CLMT.O  will have to wait to receive the first
part of its previously approved $1.44 billion loan facility that
is now under review.
    
    - Chinese e-commerce giant Alibaba  9988.HK  released a new
version of its artificial intelligence model which it claims
surpasses DeepSeek's AI model across various benchmarks.
        
  
        - The White House told federal workers that they have
return to office full time or resign and get paid for the next
eight months.
           
  
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))