Reuters: Regulatory News: PRESS DIGEST - Wall Street Journal - July 18

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PRESS DIGEST - Wall Street Journal - July 18 Jul 18th 2013, 05:03 July 18 | Thu Jul 18, 2013 1:03am EDT July 18 (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. * Penn State's board of trustees has authorized payment of roughly $60 million to settle some personal injury claims by men who say they were sexually abused by Jerry Sandusky, according to people familiar with the matter. () * JPMorgan and U.S. energy market regulators are close to a settlement over allegations of electricity-market manipulation that could involve the largest payout in the history of the Federal Energy Regulatory Commission. () * Global regulators are pursuing disparate approaches to protecting the financial system against future shocks. () * Fed Chairman Bernanke played down the unemployment rate's weight in the central bank's calculation of when to start raising short-term borrowing costs, a fresh example of the challenge the Fed faces in explaining its easy-money policies to an often perplexed public. () * Some of Dell's biggest institutional shareholders are expected to vote against a proposed buyout of the computer maker, a blow for deal proponents. () * A question-and-answer tool launched with little fanfare on the European Banking Authority's website is stirring up bond markets and upsetting investors. () * In separate remarks, Treasury Secretary Jacob Lew and Federal Reserve Chairman Ben Bernanke called for additional measures to ensure banks can't threaten the economy. () * IBM reported second-quarter earnings declined 17 percent, but the large computer, software and services provider raised its profit outlook for the full year in a positive sign for the technology industry. () * Alibaba Group founder Jack Ma reportedly labeled the 1989 crackdown on protesters in Tiananmen Square as "the most correct decision" at the time, drawing sharp criticism online. () * Pescanova said its chairman resigned after an outside accounting audit claimed financial irregularities at the multinational fishing giant, one of Spain's most well-known companies. () * The European Union's competition watchdog has asked Google Inc to make further concessions as part of its investigation into the way the company ranks and displays search results. () Link this Share this Digg this Email Reprints

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