PRESS DIGEST- New York Times business news - May 23

Published 2018-05-23, 01:04 a/m
© Reuters.  PRESS DIGEST- New York Times business news - May 23
0763
-
BHC
-
META
-
000063
-

May 23 (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.

- Former executive at Valeant Pharmaceuticals (NYSE:VRX) International VRX.TO Gary Tanner, and Andrew Davenport, the onetime head of a small mail-order pharmacy were convicted on Tuesday of using a secret kickback arrangement to defraud the drugmaker. https://nyti.ms/2kgxFGf

- Facebook FB.O CEO Mark Zuckerberg's meeting with European lawmakers in Brussels ended with members of the parliament complaining that Zuckerberg had used the session's odd format to evade specific questions and just repeat statements he had made in the past. https://nyti.ms/2IFOBR2

- President Trump declared on Tuesday that he was not happy with how recent trade talks with China had gone, and said the United States had not reached a deal to suspend penalties on the Chinese telecom firm ZTE Corp (HK:0763) 000063.SZ , disputing reports that the administration had decided to go easy on the company in return for trade concessions. https://nyti.ms/2KNCceE

- United States Congress agreed on Tuesday to free thousands of small and medium-sized banks from strict rules that had been enacted as part of the 2010 Dodd-Frank law to prevent another meltdown. https://nyti.ms/2s7b6aF

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.