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PRESS DIGEST - Wall Street Journal - Nov 15

Nov 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.


* The White House announced a plan to allow insurance companies to continue offering existing policies next year even if they fall short of standards set by the health law. ()


* Insurers expressed a range of worries after Obama moved to placate consumers who faced health-plan cancellations. ()


* Federal Reserve Vice Chairwoman Janet Yellen signaled Thursday that no big changes would come to the central bank under her leadership if she becomes its next chief. ()


* The Central Intelligence Agency is building a vast database of international money transfers that includes millions of Americans' financial and personal data, such as Social Security numbers, officials familiar with the program say. ()


* Big U.S. computer and software companies are reporting a sudden chill in sales to China, and some blame increased government hostility toward the U.S. ()


* Jefferson County, Alabama, is planning a $1.7 billion debt sale next week, challenging the market maxim that a bankruptcy filing leaves a permanent stain on municipal-bond issuers. ()


* Switzerland will vote next week on a proposal limiting executive pay to 12 times that of a company's lowest paid worker, the second time this year the country will use the ballot box in an attempt to rein in corporate compensation. ()


* Wal-Mart offered little reason for holiday cheer, reporting its third straight quarter of poor sales in the U.S. and painting a gloomy picture for the economic recovery. ()

* UBS AG says it has long since finished restructuring its investment-banking arm. Behind the scenes, though, the Swiss bank recently toyed with potentially far-reaching alternatives for the unit. ()