Press Digest: Wall Street Journal - June 26
PRESS DIGEST -Wall Street Journal - June 26 June 26 (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.
JPMorgan JPM.N elevated insiders Doug Petno and Troy Rohrbaugh to co-presidents positioning them as candidates to succeed CEO Jamie Dimon.
ON Semiconductor Corp ON.O said it had agreed to acquire Synaptics SYNA.O in an all-stock deal valued at about $7 billion, its largest acquisition to date, as the chipmaker seeks to expand its presence in AI-enabled devices and so-called physical AI.
Polestar PSNY.O said the Trump administration was forcing the electric-vehicle maker to stop selling vehicles in the U.S. beginning in the 2027 model year as Washington ramps up its crackdown on Chinese vehicles.
Clothing brand Reformation, owned by private-equity firm Permira, filed for an initial public offering in the United States.
The chair of the Federal Communications Commission said that all options remain on the table as it reviews whether to renew the licenses of eight Walt Disney DIS.N-owned ABC television stations and in its investigation of the network's talk show "The View."
The U.S. Army is leasing land on bases across the country to companies that will build and operate critical mineral processing plants, military officials said.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))