PRESS DIGEST- Wall Street Journal - Feb 19
Feb 19 (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.
- U.S. President Donald Trump said on Tuesday that he intends to impose tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products.
- Activist investor Jonathan Litt is launching a proxy fight at medical real-estate investment firm National Health Investors NHI.N and is seeking to oust two board members.
- Payments processor Shift4 FOUR.N has agreed to buy travel and retail-focused financial technology platform Global Blue GB.N in a deal valued at $2.5 billion, the companies said on Tuesday.
- Johnson & Johnson JNJ.N on Tuesday kicked off a bankruptcy-court trial over its $10 billion proposal to end litigation alleging that its baby powder caused ovarian cancer, on its third attempt to resolve one of the largest-ever mass tort lawsuits through a chapter 11 case.
- Air Canada AC.TO said on Tuesday that it expects to restore normal operations in several days following disruptions from a recent winter storm and crash of a Delta Air Lines flight in Toronto.
- Billionaire Howard Lutnick on Tuesday was confirmed as the U.S Commerce Secretary.
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