Press Digest: New York Times business news - Aug 17

Tower Semiconductor

17/08/2023 06:02

Aug 17 (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.
    
    - Intel Corp  INTC.O  scrapped its $5.4 billion deal to buy
Israeli contract chipmaker Tower Semiconductor Ltd  TSEM.TA 
after their merger agreement expired without regulatory approval
from China.
    
    - A U.S. appeals court ruled on Wednesday to restrict access
to the abortion pill mifepristone, partially upholding a lower
court ruling that alarmed abortion advocates and pharmaceutical
companies.
    
    - New York City on Wednesday banned TikTok on
government-owned devices, citing security concerns, joining a
number of U.S. cities and states that have put such restrictions
on the short video-sharing app.
    
    - The top prosecutor in Marion County, Kansas, said on
Wednesday that there was not sufficient evidence to support a
raid on newspaper The Marion County Record last week, and that
all the devices and materials obtained in the search would be
returned.

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