PRESS DIGEST - Wall Street Journal - Sept 17

Tue Sep 17, 2013 12:57am EDT
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Sept 17 (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.

* Fed Vice Chairwoman Janet Yellen emerged as the front-runner to become President Obama's nominee to lead the central bank after Lawrence Summers pulled out of the contest. President Barack Obama hasn't made a final decision, a senior administration official said. The process for selecting a nominee isn't starting over, senior administration officials said Monday, and no new candidates have been added to the mix.()

* The White House and its allies said a U.N. report on last month's chemical attack in Syria added evidence to their view that regime forces fired sarin filled rockets. ()

* JPMorgan Chase is expected to take a big step toward resolving the "London whale" trading fiasco, agreeing to pay at least $800 million in penalties and admit wrongdoing as part of a broad regulatory settlement over its handling of the matter. ()

* Natural gas drillers aren't leaking as much of a greenhouse gas as the federal government has estimated, according to a new study by researchers at the University of Texas. ()   Continued...