Press Digest: New York Times business news - Dec 8

Yellow

08/12/2023 06:07

Dec 8 (Reuters) - 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 Department of Justice on Thursday filed new criminal
charges against U.S. President Joe Biden's son, Hunter, accusing
him of failing to pay $1.4 million in taxes while spending
millions of dollars on a lavish lifestyle.
    
    - Yellow  YELLQ.PK , the trucking company that shut down its
operations and filed for bankruptcy protection this summer, on
Wednesday rejected a trucking executive's bid to buy and
restructure its business.
    
    - Changpeng Zhao, the founder of the giant cryptocurrency
exchange Binance, must remain in the United States as he waits
to be sentenced for violating federal money-laundering rules, a
judge ruled on Thursday.
    
    - Harvard, M.I.T. and the University of Pennsylvania on
Thursday faced threats from donors, demands that their
presidents resign and a congressional investigation as
repercussions mounted over the universities' responses to
antisemitism on campus.

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