PRESS DIGEST- New York Times business news - Dec 9
Dec 9 (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 Biden administration on Thursday kicked off a high-profile trial to try to prevent Facebook parent’s company Meta from buying a virtual reality app developer Within, arguing that the acquisition would "create a monopoly."
- The Federal Trade Commission, in one of the most aggressive actions taken by federal regulators in decades to check the power of the tech industry's giants, on Thursday sued to block Microsoft's $69 billion acquisition of video-game maker Activision Blizzard.
- A federal appeals court on Thursday brought to an end a special master's review of sensitive documents the F.B.I. had seized from former President Donald J. Trump's private club and residence in Florida, concluding a court fight that had delayed the Justice Department's investigation for nearly three months.
- President Biden announced Thursday that he was investing $36 billion in federal funds to save the pensions of more than 350,000 union workers and retirees, a demonstration of commitment to labor just a week after a rupture over an imposed settlement of a threatened rail strike. (Compiled by Bengaluru newsroom)
