Press Digest: Wall Street Journal - February 12

People Incorporated

12/02/2025 06:12

Feb 12 (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 Donald Trump's advisers and allies have
examined whether it is possible to collapse the Federal Deposit
Insurance Corp (FDIC) into the Treasury Department and have also
discussed combining the FDIC's regulatory role with the Office
of the Comptroller of the Currency under Treasury.
        
- Billionaire Elon Musk offered a lengthy explanation of his
views on the federal government and made the case for his
Department of Government Efficiency (DOGE) while appearing
alongside U.S. President Trump in the Oval Office.
     
- Avis Budget's  CAR.O  Chief Executive Officer Joe Ferraro is
stepping down and will be succeeded by Brian Choi, its chief
transformation officer.
     
- IAC  IAC.O  is ready to move on from home-services company
Angi  ANGI.O , focusing instead on growing other business in its
portfolio, such as digital-media firm Dotdash Meredith and
caregiving marketplace Care.com.
     
  
     - Federal air-safety officials want to permanently keep
helicopters away from commercial jets taking off and landing at
Ronald Reagan Washington National Airport after the deadliest
U.S. aviation accident in more than two decades.
     
  
     - A federal judge ordered the Trump administration to
restore government health websites and data sets that had been
modified or taken down. 

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