Press Digest: Wall Street Journal - September 8

WaFd

08/09/2026 07:00

Sept 8 (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.
     
- Florida-based EverBank Financial has agreed to acquire WaFd WAFD.O, a smaller bank in the Pacific Northwest, in a $3.9 billion reverse merger transaction
- Volkswagen VOWG.DE said it is selling its factory in the German city of Osnabrueck to Israel’s Aurelius Capital and the state of Lower Saxony, which aim to repurpose the site to make defense equipment. 
- Chinese auto parts maker Changzhou Xingyu Automotive Lighting Systems 601799.SS announced punishments for four executives after facing backlash for laying off over 100 recent university graduates.
- U.S. President Donald Trump made a series of social-media posts in support of changing the name of the state of New Mexico to 'New America' as tense trade negotiations with Mexico ramp up.
- Hunter Biden, son of former U.S. President Joe Biden, is launching a meme coin named $LAPTOP on Base, a digital ledger launched by Coinbase Global COIN.O.
 


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