Press Digest: New York Times business news - August 19

The Walt Disney

19/08/2026 05:26

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.
     
- ABC DIS.N sued the Federal Communications Commission on Tuesday, accusing the agency of violating the First Amendment in its efforts to possibly strip the network's local broadcasting licenses.
     
- President Trump plans to nominate Dr. Heidi Overton, a White House domestic policy official and a proponent of the administration's Make America Healthy Again agenda, to serve as the next commissioner of the Food and Drug Administration. 
     
- Canada got a three-day reprieve on damaging new American tariffs against billions of goods, with President Trump claiming that a deal was close but Prime Minister Mark Carney saying only that substantial progress had been made.
     
- The Pentagon said late on Tuesday that it was ending a major training exercise with South Korea one week earlier than scheduled, on August 21, and scaling back many remaining live-fire training drills to computer simulations or canceling them altogether.



 (Compiled by Bengaluru newsroom)
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