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PRESS DIGEST - Wall Street Journal - August 27

ReutersAug 27, 2025 5:04 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.

- A senior Exxon Mobil XOM.N executive discussed with Russia's Rosneft this year about returning to the Sakhalin project if the U.S. and Russia gave the green light as part of a Ukraine peace process.

- Elon Musk's SpaceX launched its giant Starship rocket for a tenth test flight aiming to overcome development setbacks and clinch long-sought technical milestones key to the Mars rocket's reusable design.

- Cracker Barrel CBRL.O said that it will stick with its decades-old logo, scrapping plans for a new one following social media backlash, including from U.S. President Donald Trump.

- U.S President Donald Trump has told advisers he wants to move quickly to announce a nominee to replace Lisa Cook on the Federal Reserve's board of governors and the potential candidates include Stephen Miran, a close economic adviser, and former World Bank Group President David Malpass.

- Trump Media & Technology Group DJT.O and Crypto.com agreed to a deal with a blank-check acquisition company to launch a new venture that will pursue a treasury-style strategy to accumulate the cryptocurrency platform's native token CRO.

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