PRESS DIGEST- New York Times business news - October 16

Reuters

10/16

Oct 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.

- NBC News CCZ.N has begun laying off about 150 people, or roughly 7% of its staff.

- Danish wind farm developer Orsted ORSTED.CO is narrowing its focus and dialing back its aspirations, according to the company's president and chief executive.

- The U.S. is seeking to counter new economic measures from China by exerting more control over American companies in key strategic sectors, Treasury Secretary Bessent said.

- Stellantis STLAM.MI, the giant automaker, is abandoning plans to reopen a factory in Canada and is shifting production to the United States.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Reuters has not verified these stories and does not vouch for their accuracy.</p><p>- NBC News <span>CCZ.N</span> has begun laying off about 150 people, or roughly 7% of its staff. </p><p>- Danish wind farm developer Orsted <span>ORSTED.CO</span> is narrowing its focus and dialing back its aspirations, according to the company's president and chief executive. </p><p>- The U.S. is seeking to counter new economic measures from China by exerting more control over American companies in key strategic sectors, Treasury Secretary Bessent said. </p><p>- Stellantis <span>STLAM.MI</span>, the giant automaker, is abandoning plans to reopen a factory in Canada and is shifting production to the United States.</p><p> (Compiled by Bengaluru newsroom)</p><p> ((globalnewsmonitoring@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1244550221.USD","symbol_name":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251016:nL3N3VX09S:1","article_id":"2575796970","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575796970","pubTimestamp":1760591639,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PRESS DIGEST- New York Times business news - October 16 Oct 16 (Reuters) - The following are the top stories on the New York Times business pages. 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