PRESS DIGEST - Wall Street Journal - Nov 12
Nov 12 (Reuters) - The following were the top stories in The Wall Street Journal on Monday. Reuters has not verified these stories and does not vouch for their accuracy.
* Fears that overseas growth won't be strong enough to put U.S. markets back on track have fuelled the market retreat, as credit turmoil continues to hurt financial firms, the Fed warns of slower U.S. growth and oil prices climb.
* A suspect in the slaying of Wall Street Journal reporter Daniel Pearl was secretly detained and interrogated by U.S. and Pakistani intelligence agencies before he died earlier this year.
* British bank HSBC Holdings Plc (HSBA.L: Cotización) may have to increase its reserves for souring subprime loans at its U.S. consumer lending business's mortgage-services division, some analysts said.
* U.S. officials are preparing to play a long-term role in protecting Iraq's offshore oil infrastructure. The U.S. Navy is building a military installation atop this petroleum-export platform as the U.S. establishes a more lasting military mission in the oil-rich north Persian Gulf.
* All but two members of the Hershey Co (HSY.N: Cotización) board resigned, in another sign of the extent of the differences between management and the charitable trust that controls the company.
* In the wake of a heart defibrillator-wire recall by Medtronic Inc (MDT.N: Cotización), reports are emerging that some defibrillator wires made by St. Jude Medical Inc (STJ.N: Cotización) are in rare instances puncturing holes in the hearts of cardiac patients.
* Pakistani President Pervez Musharraf said national elections would be held by Jan. 9. The earlier-than-expected timetable is an apparent effort to blunt opposition to his imposition of emergency rule.
* The cable industry is set to fight a possible effort by the Federal Communications Commission to impose new programming and access requirements on carriers. Continuación...