PRESS DIGEST-New York Times business news - January 16

Reuters
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PRESS DIGEST-New York Times business news - January 16

Jan 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.

- Kathleen Kennedy will retire from her role as president of "Star Wars" movie producer Lucasfilm this week, Walt Disney DIS.N said on Thursday.

- Under the terms of a new U.S. trade deal with Taiwan, companies from Taiwan will invest $250 billion and the island's government will invest another $250 billion to expand semiconductor manufacturing in the United States, Commerce Secretary Howard Lutnick said in a television interview on Thursday.

- A U.S. Senate committee postponed a long-awaited Thursday debate on a landmark bill that would create a regulatory framework for cryptocurrencies hours after the CEO of Coinbase COIN.O said the crypto giant would not support the measure, raising uncertainty about its future.

- U.S. governors, senators and even some tech executives increasingly agree that the companies behind data centers need to pay more for electricity and to address the strain they are causing on the grid.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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