PRESS DIGEST- New York Times business news - Nov 22

Reuters11-22
PRESS DIGEST- New York Times business news - Nov 22

Nov 22 (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.

- Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in a $265 million bribery scheme, according to U.S. prosecutors.

- U.S. President-elect Donald Trump said on Thursday he would nominate former Florida Attorney General and loyalist Pam Bondi to be U.S. Attorney General, moving swiftly to replace his former nominee Matt Gaetz after the embattled former congressman withdrew from consideration.

- Donald J. Trump's social media company is considering developing a cryptocurrency payment service, according to a trademark application filed this week, the latest sign of the president-elect's embrace of the crypto industry.

- A federal grand jury indicted Phillips 66 PSX.N on charges of violating the Clean Water Act by dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system and failing to report the incident to authorities.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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