PRESS DIGEST -Wall Street Journal - Nov 26

Reuters14:16

PRESS DIGEST -Wall Street Journal - Nov 26

Nov 26 (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.

- Disney DIS.N agreed to pay $43.3 million to settle allegations that it systematically paid female middle managers less than men in similar roles over the course of a decade.

- Dana DAN.N said CEO and Chairman James Kamsickas retired after nearly a decade and it named Bruce McDonald his successor while it initiates a cost-cutting strategy and explores the sale of a unit.

- Kohl's KSS.N CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart WMT.N executive Ashley Buchanan to take on the role as the department store chain looks to execute a turnaround.

- Discover Financial Services DFS.N will restate its most recent financial filings with the Securities and Exchange Commission to include a credit card product misclassification of about $1.05 billion.

- Walmart WMT.N is ending some of its diversity programs, the latest big company to shift gears under pressure from a conservative activist.

- Federal prosecutors on Monday charged longtime bond investor Ken Leech with fraud, alleging he cherry-picked a series of trades to favor some clients while shifting losses to others.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Reuters has not verified these stories and does not vouch for their accuracy.</p><p>- Disney <span>DIS.N</span> agreed to pay $43.3 million to settle allegations that it systematically paid female middle managers less than men in similar roles over the course of a decade. </p><p>- Dana <span>DAN.N</span> said CEO and Chairman James Kamsickas retired after nearly a decade and it named Bruce McDonald his successor while it initiates a cost-cutting strategy and explores the sale of a unit.</p><p>-  Kohl's <span>KSS.N</span> CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart <span>WMT.N</span> executive Ashley Buchanan to take on the role as the department store chain looks to execute a turnaround.</p><p>- Discover Financial Services <span>DFS.N</span> will restate its most recent financial filings with the Securities and Exchange Commission to include a credit card product misclassification of about $1.05 billion.</p><p>    - Walmart <span>WMT.N</span> is ending some of its diversity programs, the latest big company to shift gears under pressure from a conservative activist.</p><p>    - Federal prosecutors on Monday charged longtime bond investor Ken Leech with fraud, alleging he cherry-picked a series of trades to favor some clients while shifting losses to others.</p><p> (Compiled by Bengaluru newsroom)</p><p> ((globalnewsmonitoring@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PRESS DIGEST -Wall Street Journal - Nov 26</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPRESS DIGEST -Wall Street Journal - Nov 26\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-26 14:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241126:nL3N3MX0GV:1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PRESS DIGEST -Wall Street Journal - Nov 26Nov 26 (Reuters) - The following are the top stories in the Wall Street Journal. 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