Press Digest: Wall Street Journal - April 29

Ametek

29/04/2026 07:22

April 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.

- U.S. President Donald Trump has instructed aides to prepare for an extended blockade of Iran.

- AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million in Series B funding, tapping investor appetite for startups building autonomous AI agents.

- Kendall Jenner's 818 Tequila has landed a minority investment from spirits group Sazerac, expanding the company's reach as the distiller looks to tap demand from younger drinkers.

- The U.S. Food and Drug Administration is looking to speed up clinical trials for new medicines by using artificial intelligence to simplify the collection and submission of study data.

 - Industrial tools maker Ametek AME.N is in exclusive talks to acquire the testing and measurement businesses of valve and pump maker Indicor, owned by private equity firm CD&R.

- T-Mobile TMUS.O said it signed deals to form two joint ventures with Oak Hill Capital and Wren House, expanding its fiber internet business alongside its core wireless and broadband operations.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))