Some of Tuesday’s top business stories:
Wall Street Journal
Parties diverge in bid to break fiscal deadlock, by Patrick O’Connor and Siobhan Hughes
IMF cuts global growth outlook, by Ian Talley
New York Times
No way U.S. would allow debt default? Don’t bet on it, by Andrew Ross Sorkin
For shoppers, next level of instant gratification, by Hilary Stout
Bloomberg
Shutdown costs at $1.6 billion with $160 million each day, by Julie Bykowicz and Amanda J. Crawford
U.S. stocks fall as lawmakers remain deadlocked on debate, by Lu Wang and Alex Barinka
Reuters
U.S. ban on some Samsung products to go into effect, by Diane Bartz
Penney says September sales show improving trend, by Phil Wahba and Siddharth Cavale
CNNMoney
4 ways a debt ceiling crisis could affect you, by Jeanne Sahadi
Tech stocks crushed as debt deadline looms
Today in business journalism
Financial Times launches LatAm Confidential
Wood, CNET executive editor, leaving after 13 years
Taking viewers inside the “C-Suite”
What bankers are saying about the debt limit
CNBC executive producer Melloy to become CEO of StockTwits
This date in business journalism history
2008: Media endorse bailout plan
2009: Singapore court upholds ruling against Dow Jones property
