March 5 (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 is planning to cut about 200 positions or 6% of staff at ABC News Group and the Disney Entertainment Networks unit.
- The Trump administration is preparing an executive order aimed at reviving U.S. shipbuilding and cutting Chinese dominance of the global maritime industry.
- An investor group backed by BlackRock BLK.N agreed to buy a majority stake in the Hong Kong-based company CK Hutchison 0001.HK that runs ports along either side of the Panama Canal, giving a U.S. firm control of key docks amid pressure from the White House to take them from China.
- Jeep maker Stellantis STLAM.MI has told its U.S. dealers on Tuesday that the 25% tariffs on all products from Mexico and Canada will put its car brands at a competitive disadvantage against Asian and European automakers.
- Goldman Sachs GS.N is planning to cut its staffing by 3%-5% in an annual performance review process with a focus on its vice presidents.
- Starbucks SBUX.O named Nordstrom's Cathy Smith as its finance chief on Tuesday, hiring a retail industry veteran to aid CEO Brian Niccol's efforts to revive sales at the coffee giant.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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