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PRESS DIGEST -Wall Street Journal - January 2

ReutersJan 2, 2026 7:26 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.

- Baidu's 9888.HK AI chip unit Kunlunxin has confidentially filed an application to list on the Hong Kong stock exchange, it didn't provide any details about the size of the offering.

- U.S. President Donald Trump delayed by a year tariff increases on upholstered furniture, kitchen cabinets and vanities.

- Warren Buffett's handpicked successor Greg Abel assumed leadership of Berkshire Hathaway BRKa.N on Thursday, facing the challenge of deploying a record $358 billion cash pile.

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