PRESS DIGEST- New York Times business news - April 16

Reuters2025-04-16

April 16 (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.

- Nvidia NVDA.O said on Tuesday that the U.S. government had blocked the sale of some of its artificial intelligence chips to China without a license and would begin requiring a license for future sales.

- U.S. President Donald Trump signed an executive order on Tuesday outlining a series of actions intended to lower drug prices, including helping states import drugs from Canada.

- Hong Kong said on Wednesday that its postal service will no longer send packages to the United States.

- About 22,000 employees at the Internal Revenue Service have signed up for U.S. President Donald Trump administration's latest resignation offer.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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