PRESS DIGEST -Wall Street Journal - Jan 29
Jan 29 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Kohl's KSS.N is cutting roughly 10% of its corporate workforce, two weeks after installing a new chief executive.
- Sony Group 6758.T said Chief Operating Officer Hiroki Totoki, who has led the company's growth in entertainment content, would become chief executive on April 1.
- Calumet CLMT.O will have to wait to receive the first part of its previously approved $1.44 billion loan facility that is now under review.
- Chinese e-commerce giant Alibaba 9988.HK released a new version of its artificial intelligence model which it claims surpasses DeepSeek's AI model across various benchmarks.
- The White House told federal workers that they have return to office full time or resign and get paid for the next eight months.
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