PRESS DIGEST -Wall Street Journal – October 8

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. – New York Stock Exchange owner Intercontinental Exchange said it would invest up to $2 billion in Polymarket in a deal that values the popular crypto-based prediction market at roughly $8 billion, offering a big vote of confidence in the platform's growth prospects. – California has enacted tougher rules preventing corporate investors such as private-equity firms from meddling in healthcare decisions, while the industry waits for Governor Gavin Newsom's decision on a second, similar bill. – Tesla rolled out "affordable" versions of its best-selling Model Y SUV and its Model 3 sedan, but the starting prices of $39,990 and $36,990 were too high, some said, to attract a new class of buyers to the electric vehicle brand. – Glencore will get a government bailout valued at up to 600 million Australian dollars, equivalent to $395 million, to keep its Mount Isa copper smelter and Townsville refinery in Australia's Queensland state open for the next three years. – A new White House memo prepared by the Office of Management and Budget last week asserts that under a 2019 law meant to ensure back pay after a shutdown ends, the administration isn't obligated to pay furloughed employees. – Anthropic is working with International Business Machines to make its artificial-intelligence models available inside IBM's software, the two companies said, in an attempt at uniting the AI startup with an IT stalwart. (Compiled by Bengaluru newsroom)

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