PRESS DIGEST – Wall Street Journal – Dec 1

Dec 1 (BestGrowthStock) – The following were the top stories in The
Wall Street Journal on Wednesday. Reuters has not verified
these stories and does not vouch for their accuracy.

* Google Inc (Read more about Google Stock Analysis) (GOOG.O: ) is in the final stages of launching
its long-awaited e-book retailing venture, Google Editions.

* Investors dismissed European leaders’ latest attempt to
restore market calm, raising doubts about whether governments
can rebuild confidence in the region’s common currency amid
signs that the debt crisis is creeping deeper into the
Continent.

* U.S. regulators are looking into a dispute between two
large companies that shuttle traffic around the Internet, a
business invisible to most consumers but increasingly fraught
with tension.

* Bank of America Corp (BAC.N: ) stock dropped more than 3
percent on Tuesday on speculation that website WikiLeaks would
soon release internal documents. The largest U.S. bank by
assets has been trying to determine for more than a year
whether any documents were leaked from inside the bank, said
people familiar with the situation.

* Once-promising plans to build solar-equipment factories
in Michigan have slowed or been shelved entirely, dimming
prospects for a green-powered boost to an ailing job market.

* A race to transform computers with laser-based
communications is accelerating, with IBM Corp (IBM.N: ) the
latest to claim breakthroughs in chips that send data at
blazing speeds using pulses of light.

* Collecting digital identifiers from computers, cellphones
and TV set-top boxes is emerging as the latest tool for
companies who sell the information to advertisers.

* The trustee seeking money for victims of Bernard Madoff’s
Ponzi scheme filed more than 100 lawsuits Tuesday seeking what
he says were fictitious profits earned by some of Madoff’s
investors.

* The U.S. Agriculture Department said Tuesday that net
farm income, its rough measure of the agriculture sector’s
profitability, is expected to jump 31 percent this year to
$81.6 billion from $62.2 billion last year.

* Republicans in Washington are eagerly promoting their
promise to abstain from earmarks. But the pledge made on the
campaign trail is proving more complicated in practice.

PRESS DIGEST – Wall Street Journal – Dec 1