Press Digest: Wall Street Journal - Dec 4

GXO Logistics

04/12/2024 06:03

Dec 4 (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.
    
    - U.S. President-elect Donald Trump is considering dropping
his nominee to lead the Pentagon, Pete Hegseth, and nominating
Florida Governor Ron DeSantis in his place.
    
    - South Korean President Yoon Suk Yeol said on Wednesday he
would lift a surprise martial law declaration he had imposed
just hours before, backing down in a standoff with parliament
which roundly rejected his attempt to ban political activity and
censor the media.
    
    - U.S. President-elect Donald Trump's choice to lead the
Drug Enforcement Administration, Chad Chronister, said on
Tuesday he was withdrawing from consideration, becoming the
second Trump pick to do so soon after being nominated. 
    
    - Wells Fargo  WFC.N  is exploring the sale of the San
Francisco building where its headquarters are located.
        
  
        - Prudential Financial  PRU.N  said Executive Chairman
Charles Lowrey will step down as chief executive next year and
be succeeded by an executive vice president at the company.
        
  
        - Logistics services provider GXO Logistics  GXO.N  CEO
Malcolm Wilson informed the board of his decision to retire in
2025.
        
  

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