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PRESS DIGEST -Wall Street Journal - April 23

ReutersApr 23, 2025 6:36 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.

- U.S. President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates.

- U.S. Vice President JD Vance dined with Indian Prime Minister Narendra Modi, announced progress toward a bilateral trade deal between the two countries and compared New Delhi favorably with Western capitals.

- Boeing BA.N has agreed to sell portions of its Digital Aviation Solutions business to Thoma Bravo in an all-cash deal worth $10.55 billion as it looks to double down on its core business.

- Woodside Energy WDS.AX said it is assessing the impact of recent U.S. tariff action and the potential for more policy shifts affecting its Louisiana LNG gas-export project.

- Seven of the 10 largest consulting firms to the government have now offered up to $20 billion in savings by proposing to either terminate existing contracts or reduce the scope of their work within federal agencies.

- World Economic Forum founder Klaus Schwab is under investigation by the organization he created after a new whistleblower letter alleged financial and ethical misconduct by the longtime leader and his wife.

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