December 31, 2018 / 5:16 AM / a year ago

PRESS DIGEST- New York Times business news - Dec 31

Dec 31 (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 U.S. Federal Trade Commission faces backlash after Facebook Inc data scandals, for what critics call a systemic failure to police tech giants and their vast appetite for personal data.

- Reed O'Connor, a federal judge in Texas, who ruled this month that the entire Affordable Care Act was invalid, issued a stay in the case on Sunday, meaning that the law will remain in effect while the ruling is appealed.

- President Trump has repeatedly called allies, reassuring them that he will not yield on his wall demands, but he has not reached out to Democrats, whose votes he needs for a deal.

- Children of Carlos Ghosn, the jailed auto executive who oversaw an alliance that sold more than 10 million cars a year, believe accusations of financial misconduct against him are part of a revolt within Nissan against exploring a possible merger with Renault SA.

Compiled by Bengaluru newsroom

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