November 15, 2019 / 7:04 AM / 7 months ago

PRESS DIGEST-New York Times business news - Nov 15

Nov 15 (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.

- New Jersey's Department of Labor and Workforce Development has demanded that Uber Technologies Inc pay $649 million for years of unpaid employment taxes for its drivers, arguing that the ride-hailing company has misclassified the workers as independent contractors and not as employees.

- Inc on Thursday said it planned to officially challenge the Pentagon's decision last month to award a $10 billion cloud-computing contract to Microsoft Corp , setting off another legal battle over the lucrative, decade-long project.

- Smith & Wesson's parent company, American Outdoor Brands Corp said it was spinning off its firearms unit, insulating the broader business from the challenges facing the gun (Compiled by Bengaluru newsroom)

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