PRESS DIGEST-Wall Street Journal - April 2

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PRESS DIGEST-Wall Street Journal - April 2

, Reuters - 1:32 AM ET 4/2/2025 default

April 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.

- Volkswagen, Stellantis ( STLA ), 13 other carmakers and their car association were fined a total of 458 million euros ($495 million) by European Union antitrust regulators on Tuesday for taking part in a vehicle recycling cartel.

- Visa has offered Apple ( AAPL ) a roughly $100 million payment to get the tech giant's credit card, part of a battle between the country's biggest payment networks for the splashy Apple ( AAPL ) card.

- Meta Platforms' ( META ) head of artificial intelligence research, Joelle Pineau, is leaving the company in May.

- Macy's hired a new CFO and chief operating officer from fashion conglomerate Capri Holdings ( CPRI ) as the department store giant continues to navigate a turnaround.

- The European Union(EU) has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

($1 = 0.9270 euros) (Compiled by Bengaluru newsroom)

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