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PRESS DIGEST - Wall Street Journal - April 10

ReutersApr 10, 2025 5:06 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.

- Newsmax Media NMAX.N published defamatory and false statements accusing Dominion Voting Systems of rigging the 2020 election, a Delaware judge ruled Wednesday, though a jury must still decide whether the conservative news outlet is on the hook for damages.

- A director who represents Harley-Davidson's HOG.N second-largest shareholder, has resigned from the company's board, accusing leaders, including Chief Executive Jochen Zeitz, of making decisions that have damaged the brand.

- Publishers Clearing House, the sweepstakes company known for showing up on prize winners' doorsteps with oversize checks, filed for bankruptcy protection in New York on Wednesday.

- Accounting firm Moss Adams is in advanced talks to receive private-equity investment through a merger with peer Baker Tilly, people familiar with the matter said.

- U.S. President Donald Trump walked back his steep tariffs on nearly 100 nations that had taken effect just hours earlier, a shocking reversal that sent stocks soaring even as Trump announced simultaneously that he would raise levies on Chinese imports to 125%.

- Trump signed an executive order Wednesday aimed at reviving America's flagging maritime industry and countering China's growing dominance in ocean shipping.

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