Press Digest: Wall Street Journal - Feb 7

Nikola

07/02/2025 05:51

Feb 7 (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. lawmakers introduced a bipartisan bill on Thursday to
ban DeepSeek's chatbot application from government-owned devices
amid security concerns that the app could provide user
information to the Chinese government.
    
 - Hydrogen-truck Maker Nikola  NKLA.O  is nearing a bankruptcy
filing and has been working with advisers on restructuring
options.

    - Honeywell  HON.O  said on Thursday that it plans to
separate its aerospace division from its automation business and
move ahead with plans to spin off its advanced-materials unit.
    
 - SCE, a unit of Edison International  EIX.N  said on Thursday
that it discovered damage on the inactive power line where
investigators said the fire started before spreading to destroy
much of nearby Altadena.

    - Italian shipbuilder Fincantieri  FCT.MI  is planning to
hire up to 1,500 workers in the U.S., amid crippling labor
shortages and increased global defense spending.

    - The White House is working on an executive order to lay
off thousands of U.S. Department of Health and Human Services
workers.

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