Press Digest: New York Times business news - May 19

NextEra Energy

19/05/2026 06:13

May 19 (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.

- U.S. President Donald Trump's administration on Monday created a nearly $1.8 billion fund to compensate victims of political "weaponization" to settle a lawsuit Trump had filed against his own government over the alleged mishandling of his tax records.

- Some 3,500 workers on New York's Long Island Rail Road will end their strike, the first in more than three decades which had brought disruption to the U.S.'s busiest commuter line, after a wage deal was reached, New York Governor Kathy Hochul said.

- U.S. power companies NextEra Energy NEE.N and Dominion Energy D.N announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence.

- U.S. President Donald Trump said on Monday that TrumpRx.gov, a government-backed website that lists discounted prescription drugs, will begin featuring generic medicines, including widely used drugs such as cholesterol treatment atorvastatin and diabetes drug metformin.

 (Compiled by Bengaluru newsroom)

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