Press Digest: Wall Street Journal - August 25

JDE Peets NV

25/08/2025 07:22

Aug 25 (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.

- Keurig Dr Pepper KDP.O has struck a deal to buy Peet's Coffee owner JDE Peet's JDEP.AS for $18 billion, a prelude to spinning off its coffee brands into a separate public company.

- SpaceX's Starship project, crucial to Elon Musk's Mars ambitions, faces challenges after test mission failures this year- including a decision to stand down on Sunday evening.

    - Chinese car giant Dongfeng Motor Group 0489.HK plans to delist from Hong Kong and spin off its electric-vehicle arm as an independent listed company.

-Denmark's Orsted ORSTED.CO received an order from the U.S. Interior Department's Bureau of Ocean Energy Management to halt a key offshore wind farm project off the coast of Rhode Island.

- U.S. President Donald Trump criticized Maryland Governor Wes Moore over crime in Baltimore and suggested sending in the National Guard.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))