PRESS DIGEST- New York Times business news - Nov 12

Reuters

Nov 12 (Reuters) - The following are the top stories on theNew York Times business pages. Reuters has not verified thesestories and does not vouch for their accuracy.

* Some major health insurers are so worried about the Obamaadministration's ability to fix its troubled health care websitethat they are pushing the government to create a shortcut thatwould allow them to enroll people entitled to subsidies directlyrather than through the federal system. ()

* The new video game consoles from Sony andMicrosoft about to hit store shelves are almost certainto be hot holiday gifts this year. The uncertainty for the gamesbusiness is: What happens after Santa leaves? Sales of a newgeneration of consoles could be dented by tablets, smartphonesand Facebook, which offer games at lower prices. ()

* Sunday was a bad day for Fantex, the fledglingcompany promoting initial public offerings of National FootballLeague stars, as its first two prospects were sidelined. ()

* Liquidators seeking to recover money for investors in twohedge funds filed a lawsuit on Monday against Standard & Poor's,Fitch and Moody's. ()

* A new trial expected to start this week will determine howmuch Samsung has to pay for an important suit itlost against Apple. ()

* Bitcoin's emergence has brought a field of competitors.Already, dozens of ideas are jockeying for the market. Theonline payment system viewed by many insiders as having the bestchance of supplanting bitcoin is Ripple. Ripple holds out thepromise not just of a new currency, but also of a novel methodto send money around the world. ()

* The Justice Department's prosecution of SAC CapitalAdvisors raises the question of who the victims of a violationare. ()

* After several years of lackluster performance, the hedgefund industry is increasingly turning to self-help programs,sometimes referred to as "mindware" products, to try to improveits game. ()

* Several ideas about using financial instruments and afor-profit approach in the world of non-profits are now takinghold. ()

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