April 12 (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.
- Boeing (NYSE:BA) Co BA.N has opened talks to sell airliners to
Iran in what would be one of the highest-profile deals between a
U.S. company and Tehran since the West lifted nuclear sanctions
on the country in January.
- A congressional impeachment committee voted late Monday to
recommend a Senate trial for President Dilma Rousseff on charges
of manipulating public finances, in a raucous session that sets
up a decision this weekend by the entire lower house of
congress.
- Canadian Pacific Railway Ltd CP.TO abandoned its nearly
$30 billion pursuit of Norfolk Southern Corp (NYSE:NSC) NSC.N on Monday
after it was unable to overcome a wall of opposition from rival
railroads, shippers and U.S. politicians warning the merger
would diminish competition.
- General Motors Co (NYSE:GM) GM.N has scrapped a plan to invest an
additional $245 million in a factory north of Detroit to build a
small Cadillac, with management deciding instead to build the
future product in Kansas to contain costs.
- Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO
requested that Michael Pearson (LON:PSON), its outgoing chief executive, to
cooperate with a Senate committee investigating the hike in the
prices of certain prescription drugs after he didn't appear for
his deposition last week.
- Volkswagen AG VOWG_p.DE moved to end a clash with labor
over restructuring the company's namesake brand and to resolve a
dispute over executive bonuses in the wake of the auto maker's
emissions-cheating scandal.