PRESS DIGEST- New York Times business news - Dec 24

Reuters
2024-12-24

Dec 24 (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.

- A union representing more than 10,000 Starbucks employees said a strike, which began on Friday and is set to end on Tuesday, will impact over 300 stores, with workers in cities like Los Angeles, Seattle, Chicago, Boston, Dallas, and New York walking out over the five-day protest.

- President Joe Biden on Monday commuted the sentences of 37 federal death row inmates, replacing their death penalties with life imprisonment without parole, just weeks before Donald Trump returns to the Oval Office with plans to restart federal executions.

- A U.S. national security panel was unable to decide whether Japan's Nippon Steel should be allowed to acquire U.S. Steel , leaving it to President Joe Biden to potentially block the $14 billion deal.

- Luigi Mangione, 26, pleaded not guilty on Monday to charges of murdering UnitedHealthcare's chief executive, as he was put on trial in New York State Supreme Court on first-degree murder, second-degree murder, and weapons charges.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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