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PRESS DIGEST-New York Times business news - March 20
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PRESS DIGEST-New York Times business news - March 20
Mar 20, 2026 12:24 AM

March 20 (Reuters) - 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.

- The Federal Communications Commission said on Thursday

that it had approved the local television giant Nexstar's

$6.2 billion acquisition of a rival TV company, Tegna ( TGNA )

, saying the deal will help counter the growing power

that national programmers have amassed in recent years.

- The Trump administration said on Thursday that it planned

to remove sanctions on Iranian oil, an unorthodox move intended

to lower surging crude prices, which have hurt U.S. consumers

and helped Iran profit.

- Federal banking regulators released a long-awaited

proposal on Thursday that would reduce capital requirements on

large and regional banks, a move that proponents hope will trim

red tape and encourage more lending.

- Uber Technologies ( UBER ) said it would buy vehicles made

by Rivian to be used as self-driving taxis and invest

at least $300 million in the company, as it moves to strengthen

its foothold in the nascent market for driverless ride sharing.

(Compiled by Bengaluru newsroom)

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