PRESS DIGEST- New York Times business news - Nov 27

Reuters11-27

Nov 27 (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.

- A ransomware attack against supply chain manager Blue Yonder has snarled payroll and scheduling services for prominent international companies, including Starbucks .

- The U.S. Commerce Department said it was finalizing a $7.86 billion subsidy for Intel , down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon.

- Walmart plans to cut back some of its diversity, equity and inclusion $(DEI)$ initiatives, the retailer said, joining a growing list of firms feeling the heat from conservative groups.

- United States' President-elect Donald J. Trump selected Kevin Hassett to be the director of the White House National Economic Council, giving an adviser who served as his top economist during his first term a leading role in steering his economic agenda.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Comments

  • Lio23
    11-27
    Lio23
    7.86 billion plus 3 billion = 10 billion of Gov subsidies and contracts. INTC is going strong on its recovery. 💪🏻
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