PRESS DIGEST -Wall Street Journal - March 2
March 2 (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.
- Blue Owl OWL.N faces mounting strain as investor redemptions, tech-sector loan worries and missteps over fund restructurings erode confidence, forcing the private-credit giant to sell assets and steady its plunging stock.
- CDC faces deep turmoil as about 80% of its center directors depart and political appointees gain influence, leaving staff without leadership clarity amid rapid policy shifts under the Trump-Kennedy team.
- Large clusters of data centers are abruptly disconnecting from the grid during power line faults, creating a new reliability risk as their electricity demand surges toward 17% of U.S. usage by 2030.
- California unions launch a massive signature drive to put a one-time 5% billionaire wealth tax on the November ballot.
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