Press Digest: Wall Street Journal - February 24

Loblaw Companies

24/02/2026 06:49

Feb 24 (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.

- FedEx FDX.N filed a lawsuit against the U.S. government, seeking a full refund plus interest for what it paid in trade duties stemming from President Donald Trump's tariffs enacted last year.

- Todd Snyder, the administrator winding down Do Kwon's Terraform Labs has sued Jane Street, alleging that the high-speed trading giant engaged in insider trading to profit unlawfully from and ultimately hasten the crypto empire's collapse.

- First Brands Group has been unable to find financing or a buyer to continue most of its company-wide operations, the bankrupt auto-parts supplier said as it laid off employees in its aftermarket businesses.

- The U.S. Trump administration is considering new national security tariffs on a half-dozen industries in the wake of a Supreme Court decision last week that invalidated many of the president's second-term levies.

- Loblaw plans to build more than two dozen new grocery stores under its discount banners in 2026, tapping into Canadians' growing shift toward value-focused shopping as household budgets remain under pressure.

- The Pentagon has received no orders to deploy any U.S. Navy vessels to Greenland, according to U.S. officials, despite President Trump's claim that a hospital ship is "on its way" to the self-governing Danish territory.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))