Press Digest: Wall Street Journal - December 8

National Storage REIT

08/12/2025 05:44

Dec 8 (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.

- IBM IBM.N is in advanced talks to acquire data-infrastructure company Confluent CFLT.O for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue's ability to capture growing demand for cloud services.

- U.S. President Donald Trump expressed concern over Netflix's NFLX.O $72 billion deal to acquire Warner Bros WBD.O.

- Brookfield Asset Management BAM.N and GIC will acquire National Storage REIT NSR.AX for almost $4.5 billion.

- The Trump administration said it will waive an $11 million fine imposed on Southwest Airlines LUV.N as part of a $140 million settlement over the carrier's meltdown in December 2022 during a busy holiday travel period.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))