PRESS DIGEST - Wall Street Journal - Oct 14

Tue Oct 14, 2014 12:53am EDT
 
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Oct 14 (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.

* The challenges specialized centers have encountered with Ebola show the steep learning curve all hospitals are facing. On Monday, the director of the Centers for Disease Control and Prevention, Tom Frieden, said the country needs to boost hospital training and prevention techniques for Ebola. (on.wsj.com/1D8qX7f)

* Canadian Pacific Railway Ltd's proposed merger with CSX Corp is being pushed by perhaps the only railroad boss in favor of consolidation. And while CSX did not accept CP Chief Executive Hunter Harrison's approach last week, that is unlikely to be the last word. (on.wsj.com/1ERHdv7)

* J.C. Penney Co Inc chose Marvin Ellison, a retail veteran most recently at Home Depot Inc, as its next CEO, picking an executive who is known for his strong operational skills and giving him a long transitional period to come up to speed. (on.wsj.com/1p7MN2k)

* Crude producers, from corporations to oil-rich nations, are keeping the spigots open, and there is little sign that global demand will rise quickly enough to help erase the overhang in supplies. (on.wsj.com/1CfAqY9)   Continued...