Press Digest: Wall Street Journal - March 19

Freightcar America

19/03/2024 05:30

March 19 (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.

    - Grocer Kroger  KR.N  said it had entered a definitive
agreement for the sale of its specialty pharmacy business to
CarelonRx, a unit of U.S. health insurer Elevance  ELV.N .

    - Nvidia's  NVDA.O  CEO Jensen Huang introduced the
company's latest AI chip, which is 30 times speedier at some
tasks than its predecessor, in his company's annual developer
conference.

    - FedEx  FDX.N  and Amazon  AMZN.O  have explored doing more
business with each other which includes FedEx accepting returns
of Amazon packages at its retail locations, bringing the
delivery giant a share of the business.

    - FreightCar America  RAIL.O  named Nicholas J. Randall as
its next chief executive officer after James R. Meyer submitted
his resignation from the role.

    - U.S. auto-safety regulators have opened an investigation
into a recent fatal wreck involving a Ford Motor  F.N 
sport-utility vehicle that is suspected to have involved the
automaker's advanced-driver assistance technology.

    - Cisco Systems  CSCO.O  closed its $28 billion all-cash
acquisition of cybersecurity and analytics company Splunk
 SPLK.O .

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