PRESS DIGEST - Washington Post Business - June 7

WASHINGTON, June 7 (Reuters) - The Washington Post included the following items on the front page of its business section on Saturday.

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The Federal Trade Commission has opened a formal probe into whether Intel (INTC.O), the world's largest chipmaker, has used its dominance to illegally stifle its few competitors.

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Senate and House leaders are taking the unusual step of negotiating a final bill to address the nation's housing crisis even before the Senate adopts its own version, trying to short-circuit a legislative process that might otherwise drag well into the summer.

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The federal investigation of contracting arrangements between the Pentagon and tax-exempt defense firms in Pennsylvania includes multiple deals that go as far back as 2002 and involve more money than was previously known.