PRESS DIGEST- New York Times business news - Jan 17

Reuters

Jan 17, 2025

PRESS DIGEST- New York Times business news - Jan 17

Jan 17 (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.

- President-elect Donald Trump is considering an executive order to allow TikTok to continue operating in the U.S. despite a pending ban, as the app seeks a new owner.

- The U.S. Consumer Financial Protection Bureau ordered payments firm Block SQ.N to pay a penalty on Thursday, citing fraud and inadequate security measures on its mobile payment service Cash App.

- Perdue Farms and JBS will pay $8 million after a U.S. Department of Labor investigation found the meatpacking giants employed migrant children in their slaughterhouses, amid a crackdown on child labor.

- Trump said on Thursday that Mel Gibson, Sylvester Stallone, and Jon Voight would serve as his "eyes and ears" in Hollywood, aiming to reclaim business lost to foreign countries.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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