PRESS DIGEST -Wall Street Journal - February 11

Reuters
5 hours ago
PRESS DIGEST -Wall Street Journal - February 11

Feb 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.

- Activist investor Ancora Holdings has acquired a $200 million stake in Warner Bros. Discovery WBD.O and opposes its $72 billion Netflix NFLX.O deal.

- The FDA refused Moderna's MRNA.O application to sell a new seasonal flu vaccine, citing insufficient comparative testing against the best available vaccine on the market.

- Canadian Prime Minister Mark Carney discussed President Trump's demand for a 50% ownership stake in the new Detroit-Canada bridge.

- U.S. officials have considered seizing tankers carrying Iranian oil to pressure Tehran, but fear retaliation and impact on global oil markets.

- Estée Lauder EL.N sued Walmart WMT.O for trademark infringement, alleging the sale of counterfeit fragrances and skin-care products.

- House lawmakers rejected Speaker Mike Johnson's attempt to block votes on resolutions disapproving U.S. President Trump’s tariffs.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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