PRESS DIGEST - Wall Street Journal - March 14

Reuters

March 14 (Reuters) - The following are the top stories inthe Wall Street Journal. Reuters has not verified these storiesand does not vouch for their accuracy.

* Malaysia Airlines' missing jet transmitted its locationrepeatedly to satellites over the course of five hours after itdisappeared from radar, people briefed on the matter said, assearchers zeroed in on new target areas hundreds of miles westof the plane's original course. ()

* Ukraine appealed for arms, ammunition and intelligencesupport, according to senior U.S. officials. But the Obamaadministration has agreed to send only military rations for now,wary of inflaming Russia.()

* General Electric Co filed for an initial publicoffering of the unit that provides financing plans andprivate-label credit cards for North American retailers. ()

* BP PLC and the U.S. Environmental Protection Agencyhave reached an agreement that will allow the oil and gascompany to start doing business again with the federalgovernment. ()

* Asian stock markets are lower as tensions between Ukraineand Russia combined with fears about China's economic slowdown,pushed the Nikkei almost 3 percent lower. ()

* Amazon.com Inc said it will raise the annualprice of its Prime shipping and streaming-video service by $20to $99, the first increase in its nine-year history. ()

* China's central bank is temporarily suspending the use oftwo forms of smartphone payments in a setback for China's twolargest Internet companies as they try to gain a larger share ofthe online finance market. ()

* Target Corp's computer-security team was alertedwhen hackers broke into the retailer's systems during theholiday shopping season, but decided the warning didn't need afollow-up. ()

* U.S. Transportation Secretary Anthony Foxx said Thursdaythat regulators might have acted sooner to push for a recall ofGeneral Motors Co cars equipped with faulty ignitionswitches, but lacked the information company officials had aboutproblems with the vehicles. ()

* Consumers appear to be emerging from their dens to visitstores and restaurants, a sign the U.S. economy could be poisedto perk up from a winter chill. ()

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