PRESS DIGEST - Wall Street Journal - July 16
July 16 (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 Senate moved closer to a clash that could stall a range of legislative business, after an unusual, closed-door meeting failed to resolve a dispute over President Barack Obama's executive-branch nominees. ()
* Lowering health-care costs is tougher than improving the quality of care, according to first-year results from a key pilot program under the federal health law. ()
* The nation's biggest publicly traded home builders are on a buying spree, snapping up small privately held companies who made it through the housing slump but now are struggling to find financing. ()
* China unveiled a litany of bribery and misconduct allegations against GlaxoSmithKline, a move that industry experts said could presage a broader crackdown in a lucrative market for pharmaceutical and medical companies. () Continued...