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PRESS DIGEST- Wall Street Journal - September 29
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PRESS DIGEST- Wall Street Journal - September 29
Sep 28, 2025 11:43 PM

Sept 29 (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.

- Danish biotechnology company Genmab ( GMAB ) agreed to

buy Nasdaq-listed cancer-treatment developer Merus for

around $8 billion in cash.

- U.S. President Trump and congressional leaders are headed

into last-minute talks just as Republicans and Democrats are

bracing for a government shutdown by midweek that could also

involve a fresh round of firings of federal workers.

- President Trump plans to join gathering of top U.S.

military commanders that Defense Secretary Pete Hegseth will

convene Tuesday, where Hegseth is expected to address the senior

officers and enlisted leaders.

- Deutsche Lufthansa said it would cut about 4,000

administrative jobs by 2030, mostly in Germany, due to the

roll-out of artificial intelligence and automation of tasks

- Russia launched more than 600 drones and dozens of

missiles at Ukraine on Saturday night and Sunday morning, one of

the largest aerial attacks of the war, while the United Nations

General Assembly remains in session.

(Compiled by Bengaluru newsroom)

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