Press Digest: New York Times business news - July 12

Brinker International

12/07/2024 06:06

July 12 (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 U.S. federal government will grant car and auto parts
factories in eight states $1.7 billion to begin producing
electric vehicles and other clean energy technology, the Biden
administration said.
    
    - Apple  AAPL.O  will for the first time allow banks,
payment services and other app developers to use the underlying
technology behind Apple Pay to make rival tap-and-go payment
services, settling a long-running European Union antitrust
investigation, the regulators said.
    
    - The Beastie Boys sued Chili's Grill & Bar, a restaurant
chain operated by Brinker International Inc  EAT.N , in U.S.
federal court, accusing the restaurant chain's main operator of
infringing on their copyright of the 1994 hit "Sabotage" by
using it in advertisements without permission.
    
    - The Biden administration's yearlong effort to crack down
on delinquent rich taxpayers has yielded $1 billion, a milestone
that the Treasury Department said was the result of beefed-up
enforcement by the Internal Revenue Service.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))