PRESS DIGEST – New York Times business news – Dec 1

Dec 1 (BestGrowthStock) – The following were the top stories in the
New York Times business pages on Wednesday. Reuters has not
verified these stories and does not vouch for their accuracy.

* Fears over the European financial crisis began to spread
Tuesday from the weaker countries to healthier ones, including
Italy and Belgium, and even much stronger Germany, spurring a
stepped up search for a solution to the economic problems
putting a strain on Europe’s decade-old monetary union.

* Thwarted by the courts, by lawmakers on Capitol Hill and
by some of his fellow commissioners, the Federal Communications
Commission chairman will try again on Wednesday to devise a new
strategy for regulating broadband Internet service providers.

* Europe opened a formal antitrust investigation on Tuesday
into accusations that Google Inc (Read more about Google Stock Analysis) (GOOG.O: ) had abused its
dominance in online search, exposing the company’s zealously
guarded technology to unwelcome scrutiny.

* Owners of commercial buildings are rushing in such
numbers to meet an end-of-the-year deadline for a federal
Treasury grant program for solar energy installations that
inventories of some equipment have dried up, solar energy
experts said.

* General Motors Co (GM.N: ) is adding 1,000 jobs in Michigan
to develop more electric and hybrid vehicles similar to the
Chevrolet Volt, which it officially introduced on Tuesday, the
company said.

* A doctor responsible for determining whether patients who
had taken the once-popular diet drug fen-phen were eligible for
compensation has been indicted on charges of fraud, the Justice
Department announced Tuesday.

* Gov. David A. Paterson is considering whether to sign
legislation that would impose a temporary moratorium on the
issuing of permits for a controversial type of natural gas
exploration that has raised broad safety concerns in New York
State.

PRESS DIGEST – New York Times business news – Dec 1