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PRESS DIGEST - Wall Street Journal - Feb 8
February 8, 2017 / 6:12 AM / 10 months ago

PRESS DIGEST - Wall Street Journal - Feb 8

Feb 8 (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.

- Homeland Security Secretary John Kelly told Congress the Trump administration should have taken more time to inform the legislative branch before implementing its order.

- Meredith Corp and an investor group led by Edgar Bronfman Jr have advanced in their pursuit of Time Inc as the publisher explores a possible sale.

- U.S. farm incomes will drop 8.7 percent in 2017, a fourth consecutive year of declines amid a deep slump in prices for many crops.

- A week into its fight to shake up Arconic's boardroom, Elliott Management Corp says the aerospace and automotive parts maker has a little less room to improve than it previously estimated.

- Deutsche Bank's corporate and investment-banking chief, Jeffrey Urwin, is in discussions to leave the role, and the lender has been in talks to move its finance chief, Marcus Schenck, to oversee the business.

- Boutique investment bank Moelis & Co won a coveted spot advising oil colossus Saudi Aramco on its planned initial public offering, according to people familiar with the deal.

- The International Monetary Fund warned on Tuesday that Greece once again risks a eurozone exit amid stalled bailout talks, sending the clearest signal yet the emergency lender isn't likely to soon rejoin Europe's failed efforts to fix the debt-weary nation.

Compiled by Vishal Sridhar in Bengaluru

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