PRESS DIGEST- New York Times business news - Dec 12
Dec 12 (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.
- Hasbro, the toymaker behind popular brands like Peppa Pig, Transformers and Magic: The Gathering, said on Monday that it would eliminate roughly 1,110 jobs, or nearly 17 percent of its work force, as the company continued to grapple with weak sales.
- A federal judge in Texas on Monday upheld a ban that prevented state employees from using TikTok, the Chinese-owned short-form video app, on government devices and networks, rejecting a challenge by lawyers who argued that the prohibition had violated the First Amendment.
- A jury ruled on Monday that Google had violated antitrust laws to extract fees and limit competition from Epic Games and other developers on its Play mobile app store, in a case that could rewrite the rules on how thousands of businesses make money on Google’s smartphone operating system, Android.
- The United Automobile Workers union accused Honda , Hyundai and Volkswagen on Monday of unfair labor practices, asserting that they had interfered with efforts by employees to build support for the union at U.S. plants. (Compiled by Bengaluru Newsroom)
