PRESS DIGEST - Wall Street Journal - Oct 8

Wed Oct 8, 2014 12:59am EDT
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Oct 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.

* U.S. stocks tumbled on escalating concerns about global growth prospects, especially in Europe, as new data showed deepening stresses in the continent's economy and remarks from a leading policy maker highlighted the lack of consensus in dealing with the slowdown. (

* Turkey and the United States warned that a major Syrian border city was in imminent danger of falling to Islamic State, with the two countries putting the onus on the other to halt the extremist group's advance. (

* Wal-Mart is cutting health insurance for another 30,000 part-time workers and raising premiums for its other employees, as U.S. corporations push to contain costs in the wake of the federal health-care law. (

* Valeant Pharmaceuticals and activist investor William Ackman plan to boost their offer for Allergan Inc by $15 per share, trying to keep the Botox maker from striking a rival deal. (   Continued...