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PRESS DIGEST- New York Times business news - March 24

Published 2016-03-24, 01:03 a/m
© Reuters.  PRESS DIGEST- New York Times business news - March 24
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March 24 (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.

- The Labor Department plans to announce on Thursday new
rules that sharply reduce workplace exposure to silica, a
potentially deadly mineral found in materials commonly used in
construction and hydraulic fracturing, or fracking.

Pershing Square (NYSE:SQ) Holdings PSH.AS , the publicly listed
entity of William Ackman's firm, reported a year-to-date loss of
25.2 percent as of March 22. The majority of the losses stem
from his very public all-in bet on Valeant Pharmaceuticals (NYSE:VRX)
International, whose shares have been battered.

The Labor Department released the final version of a rule
requiring employers to disclose relationships with the
consultants they hire to help persuade workers not to form a
union or support a union's collective bargaining position.

The Securities and Exchange Commission has told Exxon (NYSE:XOM)
Mobil Corp XOM.N it must include a resolution on its annual
shareholder proxy that, if approved, would force the company to
outline for investors how its profitability may be affected by
climate change and the legislation that aims to combat it.

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