PRESS DIGEST- New York Times business news - Dec 19

Reuters12-19

PRESS DIGEST- New York Times business news - Dec 19

Dec 19 (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.

- Ju-Young, a supplier to the South Korean automaker Hyundai 005380.KS, said it had dismissed dozens of incarcerated men it had employed through the Alabama Department of Corrections and ended its inmate labor contract with the state after facing scrutiny for using prison labor.

- David Bonderman, a founder of the giant investment firm TPG TPG.O, who helped transform private equity into a multitrillion-dollar industry that reshaped corporate America, died on December 11 at the age of 82.

- The U.S. Supreme Court agreed to hear TikTok's challenge to a law that could ban its U.S. operations, putting the case on an exceptionally fast track that will culminate in oral arguments next month.

- California Governor Gavin Newsom declared that the outbreak of infections among the state's dairy cattle constituted an emergency after an individual in Louisiana had been hospitalized with bird flu.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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