Press Digest: Wall Street Journal - September 11

Shopify

11/09/2025 05:43

Sept 11 (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.

- Mexico plans to raise import tariffs on nearly 1,500 products, including vehicles, steel, textiles, and appliances, to protect domestic industry and jobs, especially from low-cost Chinese goods, amid broader trade talks with the U.S. and Canada.

- Oracle ORCL.N has signed a record-breaking $300 billion cloud computing deal with OpenAI, starting in 2027, to support massive AI data center expansion — marking one of the largest tech contracts ever and signaling a high-stakes bet on ChatGPT's continued global growth.

- Opendoor OPEN.O has appointed Shopify's SHOP.TO  former COO Kaz Nejatian as CEO following investor pressure, signaling a pivot toward AI and a return to its founder-led roots, as the company embraces its new status as a meme stock with shares up over 250% this year.

- Roughly 300 South Korean workers detained in a U.S. immigration raid are set to return home Thursday via a chartered flight from Atlanta, following diplomatic talks and amid concerns over visa violations and future reentry restrictions.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))