SPY413.25+0.39 0.09%
DIA338.91+2.12 0.63%
IXIC13,965.00-31.10 -0.22%

PRESS DIGEST- New York Times business news - March 16

· 03/16/2021 02:41
PRESS DIGEST- New York Times business news - March 16

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Facebook Inc FB.O has agreed to pay Rupert Murdoch's News Corp NWSA.O for its journalism content in Australia, a month after the social media platform temporarily blocked news links inside the country over legislation pressing digital giants to compensate publishers. https://nyti.ms/2OAHa5W

- OxyContin maker Purdue Pharma submitted its bankruptcy restructuring plan in a filing on Monday, the formal bid to end thousands of lawsuits, and require the company's Sackler family owners to pay $4.3 billion from their personal fortune. https://nyti.ms/3togOTA

- German carmaker Volkswagen AG VOWG_p.DE outlined goals to build battery factories in Europe as it ties its fate to electric cars. https://nyti.ms/3eJo4Fp

(Compiled by Bengaluru newsroom)