PRESS DIGEST- New York Times business news – Jan 5

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Jan 5 (Reuters) – 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.

– French food retailer Carrefour said on Thursday that it would no longer sell PepsiCo products because the prices were “unacceptably” high for consumers.

– The Biden administration on Thursday announced plans to provide $162 million in federal grants to Microchip Technology to step up its production of semiconductors that are used in cars, airplanes, appliances, medical devices and military products.

– Businesses tied to Republican former U.S. President Donald Trump received at least $7.8 million from 20 foreign governments during his presidency, according to new documents released by House Democrats on Thursday.

– New York Governor Kathy Hochul on Thursday proposed a series of initiatives to address maternal and infant death in New York, including one that would make the state the first to provide paid leave for prenatal care. (Compiled by Bengaluru newsroom)

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