It appears that for long text attributes within the Risks, Issues, Changes, and Tasks widgets in the Status Report, words will split over two rows.
Release : 16.0.3 and above
This is a known documented limitation as from 16.0.3.
Introducing Word-Wrapping in Grid
To prioritize changes on this, please raise the topic to Product Management:
Questions or suggestions regarding the future Clarity roadmap? Product Management Office Hours details