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Wall Street Journal - Dec 5

The following are the top stories in the Wall Street Journal. Reuters has actually not validated these stories and does not guarantee their precision.

- Bitcoin traded above $100,000 for the very first time late Wednesday, powered by a wave of investors wagering that President-elect Donald Trump will turn U.S. federal government policy into an engine of growth for crypto.

- General Motors informed investors on Wednesday that it would tape two non-cash charges amounting to more than $5. billion on its joint venture in China, one associated to the. restructuring of the operation and another showing its. decreased value.

- A leading aide to Ukrainian President Volodymyr Zelenskiy fulfilled. Wednesday with Keith Kellogg, U.S. President-elect Donald. Trump's choice as special envoy for Russia and Ukraine, and Mike. Waltz, the incoming national-security advisor.

- U.S. President-elect Donald Trump has selected Peter Navarro. to be senior counselor for trade and manufacturing, setting up a. pugnacious advocate of the president-elect's pledge to impose. sweeping tariffs on U.S. imports in an influential White Home. function.

- France's Neoen will offer some of its. Australian generation and storage assets to real-estate investor. HMC Capital in a deal smoothing Brookfield Asset. Management's $6.41 billion takeover of the eco-friendly. power manufacturer.

- U.S. President-elect Donald Trump on Wednesday picked. previous congressman Billy Long to be commissioner of the Internal. Income Service tax body.

(source: Reuters)