PRESS DIGEST-Wall Street Journal - November 12

Reuters
Nov 12, 2025
PRESS DIGEST-Wall Street Journal - November 12

Nov 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.

- Parker Hannifin PH.N said it would buy air and liquid filtration systems maker Filtration Group from privately held Madison Industries for $9.25 billion, as it seeks to expand its presence in the aftermarket business.

- The White House is exploring new measures to curb the influence of proxy advisers and index-fund managers, wading into a hot-button debate raised by high-profile CEOs including Elon Musk and Jamie Dimon in recent months.

- Yann LeCun, the artificial-intelligence pioneer who led Meta's META.O AI efforts for more than a decade, has talked to associates about leaving Meta and launching a startup.

- Fannie Mae watchdogs who were removed from their jobs had been probing if Trump appointee Bill Pulte had improperly obtained mortgage records of key Democratic officials, including New York Attorney General Letitia James.

- Blackstone's BX.N global co-head of real estate Kathleen McCarthy Baldwin said she plans to leave the firm at the end of the year.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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