PRESS DIGEST- Wall Street Journal - June 26

Reuters
06-26
PRESS DIGEST- Wall Street Journal - June 26

June 26 (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.

- Blue Origin founder Jeff Bezos spoke to U.S. President Donald Trump at least twice this month as he tries to capitalize on a feud between rival SpaceX founder Elon Musk and Trump and bag more government contracts.

- Shell SHEL.L said it has not approached BP BP.L, denying it was in talks for what would be largest oil deal in a generation.

- Conagra Brands CAG.N will remove certified food, drug and cosmetic colors from its U.S. frozen product portfolio by the end of 2025.

- Ulta Beauty ULTA.O said its finance chief Paula Oyibo has quit the role after a little over a year and named insider Chris Lialios as its interim CFO.

- Candy maker Mars' takeover of Pringles maker Kellanova K.N was cleared by U.S. antitrust regulators, but their EU counterparts opened a full-scale investigation into the $36 billion deal, saying it could lead to price hikes.

- President Trump has toyed with the idea of selecting and announcing Federal Reserve chair Jerome Powell’s replacement by September or October.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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