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PRESS DIGEST- New York Times business news - Sept 23

·1 min read

Sept 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.

- The Food and Drug Administration plans to soon issue stricter guidelines for the emergency authorization of any new coronavirus vaccine, adding a new layer of caution to the vetting process even as President Donald Trump continues to contradict his own scientific experts and promise that a vaccine will be available as early as next month. https://nyti.ms/3hS1rfP

- The Department of Justice's impending lawsuit against Alphabet Inc's Google has narrowed to focus on the company's power over internet search, a decision that could set off a cascade of separate lawsuits from states in ensuing weeks over the Silicon Valley giant's dominance in other business segments. https://nyti.ms/3j8wRjL

- Tesla Inc is working on cheaper, more powerful batteries for its electric cars, but many of the required innovations are still works in progress, its chief executive, Elon Musk, said on Tuesday at a much anticipated presentation at the company's California factory. https://nyti.ms/2HsI3d3

- The Labor Department on Tuesday announced a proposal that could deem millions of janitors, construction workers and gig workers to be contractors rather than employees, its most ambitious step toward blessing the business practices of companies like Uber Technologies Inc and Lyft Inc . https://nyti.ms/3hYdng2 (Compiled by Bengaluru newsroom)