Press Digest: Wall Street Journal - September 29

KKR & Co

29/09/2026 06:19

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
     
- Samsung has agreed to commit $1.0 billion to an artificial-intelligence infrastructure company backed by KKR KKR.N and Nvidia NVDA.O, adding to the torrent of financing for AI-enabling architecture.
     
- Japan's finance minister reaffirmed that Tokyo is working closely with the U.S. to ensure stability in the foreign-exchange market, as expectations of hawkish shifts on both sides spur yen volatility.
     
- The board of Goldman Sachs GS.N has discussed a plan for David Solomon to step down as chief executive and be replaced with Chief Operating Officer John Waldron as soon as next year.
     
- OpenAI says it is scrapping the release of its next-generation AI model over safety concerns that researchers raised during internal testing, in one of the clearest signs so far that agent misbehavior could stymie the industry's rapid progression.
 
 - US President Donald Trump announced a Minnesota company's plan to build a $15 billion steel mill in Iowa, as he looks to counter voter frustration with the economy ahead of the midterm elections.
 
 - RTX unit Raytheon received a contract valued up to $20.7 billion from the Defense Department to accelerate the production of its AMRAAM missiles. 
 
 

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))