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PRESS DIGEST -Wall Street Journal - October 10

ReutersOct 10, 2025 6:00 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.

- PepsiCo PEP.O has named Walmart WMT.N executive Steve Schmitt as its new CFO, effective November 10, replacing company veteran Jamie Caulfield.

- The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group.

- The U.S. Bureau of Labor Statistics is bringing some furloughed workers back in order to get the statistical agency's benchmark report on inflation out despite the wider shutdown of the federal government.

- New York Attorney General Letitia James, a longtime foe of President Donald Trump, was charged on Thursday with lying on a mortgage application, as the administration steps up its use of government power against his perceived political enemies.

-PepsiCo's PEP.O potato chips brand Lay’s will update its chip bags to highlight that the product is “Made with real potatoes” and reformulate some varieties with olive or avocado oil.

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