PRESS DIGEST - Wall Street Journal - Nov 5

Wed Nov 5, 2014 1:27am EST
 
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Nov 5 (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.

* Republican Senate candidates won sweeping victories on Tuesday, capturing Democratic-held Senate seats and giving the party control of Congress for the first time in eight years. (on.wsj.com/1zvbcrI)

* BHP Billiton Ltd will soon sell U.S. oil abroad without explicit permission from the government in another sign that the decades-old federal ban on crude exports is crumbling. (on.wsj.com/1tYXHgt)

* Investors pulled an industry record $27.5 billion from Pacific Investment Management Co Ltd's flagship fund last month as the surprise exit of co-founder Bill Gross took its toll on the firm he co-founded. (on.wsj.com/1tyaghr)

* The speedy acquittal of Raoul Weil, a former top UBS AG official accused of helping Americans evade U.S. taxes, could complicate government efforts to prosecute other high-level executives for criminal conduct. (on.wsj.com/1tGurvk)   Continued...