PRESS DIGEST - Wall Street Journal - Oct 11

Fri Oct 11, 2013 1:36am EDT
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Oct 11 (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.

* President Obama held talks with House Republicans on a GOP proposal to extend the nation's borrowing authority for six weeks, marking a new opening in the stalemate. Until now, Obama had refused to negotiate until the government was reopened and the debt ceiling raised. Republicans, in turn, said those steps must be paired with a deficit-reduction plan and changes to the 2010 health care law that they knew Obama wouldn't accept.()

* China is overtaking the United States as a buyer of Middle East oil, adding fuel to diplomatic tension between the nations over security in the region. ()

* Federal officials are discussing changes to how the government releases sensitive economic data, seeking to bring the system in line with fast-moving financial markets. ()

* A Tesoro Logistics crude pipeline spilled about 20,000 barrels of oil in a rural field in northwest North Dakota, in what appears to be the largest spill in the Bakken shale formation to date. ()   Continued...