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New York Times organization news - Aug 22

The following are the top stories on the New York Times organization pages. Reuters has actually not confirmed these stories and does not vouch for their precision.

- Rail freight traffic in Canada came to a standstill early Thursday as the country's two main rail business, Canadian National and Canadian Pacific Kansas City, locked out about 10,000 employees due to a labor disagreement, a move that could trigger supply chain disturbances in the United States and serious economic repercussions within Canada.

- Ford Motor said on Wednesday that it is once again slowing the rate of its investments on brand-new battery-powered designs and postpone the introduction of a new big electrical pickup truck by about 18 months to 2027.

- Paramount Global on Wednesday chose to extend its due date to early September to evaluate a takeover quote from the media executive Edgar Bronfman Jr.

- Google, the California News Publishers Association, and crucial California lawmakers revealed a. first-in-the-nation contract on Wednesday, that would supply. the newsrooms with as much as $250 million and let Google prevent. a proposed state costs that could force tech companies to pay. news organizations when marketing appeared along with short articles. on the tech business's platform.

- Walmart stated it unloaded its entire stake in. JD.com, one of China's greatest e-commerce companies,. loosening up one of the largest investments in a Chinese seller. by a foreign rival.

(source: Reuters)