June 10 : The following is the top story of the New York Times business pages. Reuters has not vouch for these stories and does not verify their accuracy.
JBS SA : The world's largest meat processor, JBS SA, said Wednesday that it paid an $11 million ransom for Bitcoin to hackers behind an attack that forced the shutdown of all of the company's U.S. beef plants and disruption of operations at poultry and pork plants last week. https: nyti.ms 2 TiPSrj
On Wednesday, U.S. President Joe Biden revoked a Trump-era executive order that sought to ban the popular apps TikTok and WeChat and replaced it with one that calls for a broader review of a number of foreign-controlled applications that could pose a security risk to Americans and their data. http://www.nyti.ms 3xadUDF
After California passed a law in 2019 that effectively awarded gig workers the legal standing of employees, companies like Uber and Lyft spent some $200 million on a ballot initiative exempting their drivers. https: wdtoXr.3 nyti.ms 3
- The Canadian pipeline company that had long sought to build the keystone XL pipeline announced Wednesday that it had concluded the embattled project which would have required petroleum from Canadian tar sands to Nebraska. https: nyti.ms 3 zqXUiK