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PRESS DIGEST-New York Times business news - May 16
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PRESS DIGEST-New York Times business news - May 16
May 15, 2024 10:03 PM

May 16 (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.

- Netflix ( NFLX ) announced a three-season deal with the

National Football League on Wednesday that will include showing

two Christmas Day games on its service this year, making it the

first time the streaming giant has become partners with a major

sports league.

- Billionaire and former owner of the Los Angeles Dodger

Frank McCourt said he was working to put together a group of

bidders to buy social media app TikTok in the United States.

- Automakers in the United States and their supporters

welcomed President Biden's tariffs on Chinese electric vehicles,

saying they would protect domestic manufacturing and jobs from

cheap Chinese vehicles.

- The Biden administration, under acute pressure from House

lawmakers, moved on Wednesday to ban funding for a prominent

virus-hunting nonprofit group whose work with Chinese scientists

had put it at the heart of theories that Covid leaked from a

lab.

(Compiled by Bengaluru newsroom)

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