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PRESS DIGEST- Wall Street Journal - April 8

ReutersApr 8, 2025 6:01 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.

- PNC Financial Services Group PNC.N on Monday appointed former BlackRock BLK.N executive Mark Wiedman as president, effective immediately.

- Apple AAPL.O plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs, people familiar with the matter said.

- Canadian company Shopify SHOP.TO won't make new hires unless managers can prove artificial intelligence isn't capable of doing the job, according to a new memo from Chief Executive Tobi Lütke.

- Iran and the United States will meet in Oman on April 12 for indirect high-level talks, Iranian Foreign Minister Abbas Araqchi said on Tuesday.

- President Donald Trump on Monday directed a U.S. national security panel to take a fresh look at Nippon Steel's 5401.T bid for U.S. Steel X.N to help determine if "further action" is appropriate, raising hopes that the deal could gain an elusive green light.

- A 5-4 Supreme Court on Monday lifted a judge’s order that had blocked the deportation of suspected Venezuelan gang members to a Salvadoran prison, granting the Trump administration’s request to expedite the removals under an 18th century law known as the Alien Enemies Act.

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