PRESS DIGEST- Wall Street Journal - March 19

Reuters03-19

March 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.

- Grocer Kroger said it had entered a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a unit of U.S. health insurer Elevance .

- Nvidia's CEO Jensen Huang introduced the company's latest AI chip, which is 30 times speedier at some tasks than its predecessor, in his company's annual developer conference.

- FedEx and Amazon have explored doing more business with each other which includes FedEx accepting returns of Amazon packages at its retail locations, bringing the delivery giant a share of the business.

- FreightCar America named Nicholas J. Randall as its next chief executive officer after James R. Meyer submitted his resignation from the role.

- U.S. auto-safety regulators have opened an investigation into a recent fatal wreck involving a Ford Motor sport-utility vehicle that is suspected to have involved the automaker's advanced-driver assistance technology.

- Cisco Systems closed its $28 billion all-cash acquisition of cybersecurity and analytics company Splunk

.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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