Feb 14 The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
* A former analyst at hedge fund SAC Capital Advisors told
federal criminal investigators that he was pressured by his
manager to gather inside information on technology stocks,
according to people familiar with the briefing.
* The boards of American Airlines' parent AMR Corp
and US Airways Group Inc late Wednesday
separately voted to approve a merger that would create the
world's largest airline, said people familiar with the matter.
* Several banks planned to withdraw from the panel that sets
a key benchmark interest rate but scrapped the idea after the
UK's financial regulator strongly warned them against doing so,
according to people familiar with the matter.
* Time Warner Inc is in talks to divest most of its
Time Inc magazine group in a deal with Meredith Corp,
said people familiar with the situation, potentially ending its
long reign as the biggest U.S. magazine publisher.
* The U.S. Treasury said it opposes plans by 11 European
Union countries to impose a small tax on trades in shares, bonds
* Best Buy Co founder Richard Schulze is weighing
whether to scrap a plan to take over the struggling electronics
chain and instead line up investors to take a minority stake in
the company, people familiar with the matter said.
* Two test flights of the Boeing Co 787 Dreamliner
have so far failed to replicate or identify the cause of the
battery malfunctions that grounded the jet, leaving the company
increasingly focused on some low-tech interim fixes, according
to government and industry officials.