PRESS DIGEST - Wall Street Journal - September 29

ReutersSep 29, 2025 6:24 AM

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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.CO agreed to buy Nasdaq-listed cancer-treatment developer Merus 2GH.F 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 LHAG.DE 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.

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