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PRESS DIGEST - Wall Street Journal - February 26

ReutersFeb 26, 2025 5:21 AM

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Over 45,000 U.S. dockworkers represented by the International Longshoremen's Association (ILA) voted to ratify a new six-year contract on Tuesday, formalizing a deal which briefly stopped work at ports stretching from Maine to Texas in October.

- Ukraine has agreed to a mineral-rights deal with the U.S. that could be finalized as soon as Friday at a White House meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy.

- BlackRock BLK.N cut references to its diversity, equity and inclusion strategy in its latest annual report, joining the list of Wall Street firms and corporate employers distancing themselves from DEI.

- Onsemi ON.O has initiated a restructuring plan aimed at reducing operational costs, which would result in the laying off of about 2,400 of its employees across all business divisions worldwide in 2025, the chipmaker said in a filing on Tuesday.

- Private equity firm Roark Capital has signed a deal to acquire restaurant chain Dave's Hot Chicken for roughly $1 billion.

-Japan's ANA said it plans to buy more than $14 billion of jets from Boeing BA.N, Airbus AIR.PA and Embraer EMBR3.SA, partly to meet rising travel demand to Japan.

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