PRESS DIGEST – Wall Street Journal – March 29

March 29 (Reuters) – The following were the top stories in
The Wall Street Journal On Tuesday. Reuters has not verified
these stories and does not vouch for their accuracy.

* President Barack Obama made his case for military
intervention in Libya in a speech to the nation on Monday,
saying the action he directed was in U.S. interests and had
already succeeded in preventing a massacre of “horrific scale.”

* EBay Inc , seeking to tip the balance of power in
the surging Internet retail industry, is buying GSI Commerce Inc
, a $2.4 billion acquisition that will intensify its
rivalry with Inc .

* Home prices north of the U.S. border are on a fresh tear,
raising worry at Canada’s central bank, which has warned about
rising debt levels, and among some economists, who say the
market is ripe for a correction.

* The impact of the March 11 earthquake and tsunami on the
supply of made-in-Japan vehicles is just starting to become
clear on the lots of Main Street car dealers and on Wall Street
earnings outlooks for Japan’s big car makers.

* Twitter co-founder and former CEO Jack Dorsey said he is
returning to the fast-growing company as head of product and
executive chairman.

* Ties between hedge-fund titan Raj Rajaratnam and his
brother Rengan went beyond the bounds of sibling loyalty,