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PRESS DIGEST - Wall Street Journal - Jan 28

ReutersJan 28, 2025 6:49 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.

- Cryptocurrency exchange KuCoin pleaded guilty in Manhattan federal court Monday and agreed to pay nearly $300 million to settle allegations it operated as an unlicensed money-transmitting business in the U.S.

- Workers at a Whole Foods Market in Philadelphia voted to form a union, the first time employees of the Amazon AMZN.O -owned grocer have organized in decades.

- Late Apex Partners, whose funds currently own shares in Vail Resorts MTN.N said in a letter that Vail's performance over the last five years has been unacceptable and called for the ouster of Chief Executive Kirsten Lynch, Chief Financial Officer Angela Korch and Executive Chairman Rob Katz.

- Trump administration order pausing almost all foreign aid has left counterterrorism training in Somalia, HIV treatment in Uganda, narcotics interdiction in Colombia, prosthetics for refugees from Myanmar, and many more U.S.-funded overseas assistance programs in sudden limbo.

- Canadian Pacific Kansas City reached a tentative four-year collective bargaining agreement with Unifor, in a deal covering about 1,200 employees.

- McDonald's MCD.N is promoting Alyssa Buetikofer, the chief marketing officer of its Canadian business, to lead its marketing efforts in the U.S. as Tariq Hassan, the burger chain's U.S. chief marketing and customer experience officer, steps down after three years.

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