PRESS DIGEST - Wall Street Journal - July 26
July 26 (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.
* A Justice Department investigation shines a light on federal authorities' broader scrutiny of physician-owned distributorships. Distributorships act as intermediaries between medical-device makers and hospitals and get a cut of each sale. When surgeons own the distributorship, that commission goes into their pockets. And since surgeons often dictate to their hospitals which devices to buy, they can effectively steer business to themselves. ()
* The Obama administration will use a new legal strategy to try to scrutinize states for possible discrimination against minority voters, Attorney General Eric Holder said. ()
* Halliburton Co will plead guilty to destroying evidence in the wake of the April 2010 Deepwater Horizon disaster. The government said Thursday that the company, a contractor involved in drilling the oil well that exploded in the Gulf of Mexico, destroyed computer simulations it performed in the months after the accident. ()
* More than a dozen companies were the target of what prosecutors described as one of the largest data breaches uncovered to date, which resulted in "hundreds of millions of dollars" in losses. () Continued...