PRESS DIGEST-New York Times business news - Sept 18

Reuters

Sep 18, 2024

Sept 18 (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.

- The Biden administration is granting a request by Japan's Nippon Steel to resubmit its filing with the Committee on Foreign Investment in the United States for approval to purchase U.S. Steel .

- The U.S. Transportation Department said that it would allow Alaska Airlines to close its $1.9 billion acquisition of Hawaiian Airlines , clearing the way for the first major U.S. airline merger in nearly a decade.

- California will now require social media companies to moderate the spread of election-related impersonations powered by artificial intelligence, known as "deepfakes," after Gov. Gavin Newsom, a Democrat, signed three new laws on the subject.

- Musk-backed America PAC, one of the most ambitious, well-funded groups supporting former U.S. president Donald Trump's campaign, has switched up its ground game in Arizona and Nevada, two states pivotal to his re-election bid.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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