PRESS DIGEST - Wall Street Journal - Dec 14

Dec 14 (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.

- The landmark climate agreement that more than 190 countries struck over the weekend ushers in a broad, new international effort to wind down the fossil-fuel era. (http://on.wsj.com/1UmofU2)

- Long-simmering hostility between Dow Chemical Co and Daniel Loeb reached a boiling point over the weekend, with the shareholder activist calling for the removal of Chief Executive Andrew Liveris in the wake of the company's agreement to merge with DuPont Co. (http://on.wsj.com/1QFr4z2)

- Yahoo Inc is facing new pressure from investor groups who oppose giving Chief Executive Marissa Mayer more time to show progress on her turnaround. (http://on.wsj.com/1J5KPtq)

- Traders and regulators have fretted for more than a year that mayhem might ensue if U.S. mutual funds sought to sell rarely traded bond investments. (http://on.wsj.com/1QnuisC) (Compiled by Aurindom Mukherjee in Bengaluru)