PRESS DIGEST- New York Times business news – April 18

April 18 – 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.

– U.S. President Biden on Wednesday called for major
increases to some tariffs on steel and aluminum products from
China, speaking to members of a national steelworkers union in
Pittsburgh as he vies with former President Donald Trump for
votes in Northern industrial states.

– A large-scale outage is affecting residents’ ability to
call the 911 emergency number in parts of Nebraska and Texas,
and the entire state of South Dakota.

– The U.S. Senate dismissed the impeachment case against
Alejandro N. Mayorkas, the homeland security secretary, voting
along party lines before his trial got underway to sweep aside
two charges accusing him of failing to enforce immigration laws
and breaching the public trust.

– Facing criticism that it is overly beholden to Elon Musk,
Tesla’s board of directors said that it would
essentially give him everything he wanted, including the biggest
pay package in corporate history.
(Compiled by Bengaluru newsroom)