PRESS DIGEST - Wall Street Journal - Sept 30

Reuters

Sept 30 (Reuters) - The following are the top stories in theWall Street Journal. Reuters has not verified these stories anddoes not vouch for their accuracy.

* The nation braced for a partial shutdown of the federalgovernment, as time for Congress to pass a budget before aMonday midnight deadline grew perilously short and lawmakersgave no signs Sunday they were moving toward a resolution.()

* Obama administration officials, scrambling to get thehealth law's insurance marketplaces ready to open on Tuesday,keep hitting technical problems, while government-funded fieldworkers across the country say they aren't fully prepared tohelp Americans enroll in the program. Implementation of the lawis expected to proceed even if the government partially shutsdown because Congress fails to pass the necessary spendingbills. ()

* Twitter is planning to make public its secret filing foran initial public offering as soon as this week. That means thesocial media and microblogging company's stock could begintrading by late October or early November, if the offering movesat full speed. ()

* Household names such as Twitter, Hilton Worldwide andChrysler have raised the star power of this fall's slate ofinitial public offerings, renewing market observers' hopes thatblockbuster IPOs will draw individual investors back into thestock market. ()

* In the coming month, markets face four huge tests: theWashington debt crisis, the release of September employmentdata, third-quarter earnings releases and the Federal Reserve'snext policy meeting. All four of these horsemen could disruptinvestments and some could tank the market. Money managers hopeall will be nonevents and stocks will finish the year higher. ()

* Satellite operator DirecTV has struck a deal withstartup movie studio A24 Inc to partner with it in acquiringindependent films in exchange for rights to offer themexclusively on its video-on-demand services 30 days before theyhit theaters. ()

* Shell plans to sell its stake in the Eagle FordShale in South Texas, following a $2 billion write-down of thecompany's North American assets. Shell's sale of leases on106,000 acres in the oil-and-gas-rich region illustrates thestruggles major oil companies have had in places where smallerenergy firms have thrived. ()

* IBM agreed to settle allegations some companyonline job listings expressed a preference for foreign workerswith temporary visas over U.S. citizens, the Justice Departmentsaid Friday. Under the terms of the settlement, IBM will pay$44,000 in civil penalties and revise its hiring and recruitmentprocedures to comply with the Immigration and Nationality Act.The company will also provide reports to the government for twoyears. ()

* A Boeing 787 Dreamliner jet operated by LOT PolishAirlines en route from Toronto to Warsaw landed inIceland Sunday after Norway refused it entry because of themalfunction of a system that transmits airplane identification.

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