PRESS DIGEST- New York Times business news - Nov 13

Reuters11-13

Nov 13 (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-elect Donald Trump on Tuesday named billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to co-lead a newly created Department of Government Efficiency, an entity Trump indicated would operate outside the confines of government.

- U.S. President-elect Donald Trump said he had picked John Ratcliffe, a close ally who was Director of National Intelligence at the end of his first term, to serve as Director of the Central Intelligence Agency.

- Volkswagen Group has raised its investment in Rivian by 16% to $5.8 billion, as the companies kick off their planned joint venture to develop electric vehicle architecture and software.

- The U.S. Justice Department and four Democratic state attorneys general on Tuesday filed an antitrust lawsuit against the giant UnitedHealth Group in an attempt to block its $3.3 billion deal to take over Amedisys .

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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