Press Digest: New York Times business news - April 29

Cisco Systems

29/04/2026 07:41

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.

- After a joke by late-night host Jimmy Kimmel drew calls from the White House for ABC to fire the comedian, the U.S. Federal Communications Commission ordered an early license review of the network's television stations.

- Pernod Ricard PERP.PA and Brown-Forman BFb.N have ended merger talks after the French spirits company and the Kentucky-based owner of Jack Daniel's whiskey failed to reach mutually acceptable terms, they said.

- The U.S. Supreme Court confronted a case with broad implications for human rights litigation in American courts, a long-running lawsuit brought by members of the Falun Gong spiritual movement who have accused Cisco Systems CSCO.O of facilitating religious persecution in China.

- The Port Authority of New York and New Jersey said that it will install trackers on rescue vehicles at its three major airports after investigators faulted the agency for not having the recommended devices on a fire truck during a deadly collision with a jet at LaGuardia Airport.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))