PRESS DIGEST- New York Times business news - October 23

Oct 23 (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.

- Meta META.O said it cut approximately 600 jobs in its artificial intelligence division, as the company seeks to keep pace with competitors in the furious contest over the technology.

- U.S. President Donald Trump announced that he was imposing significant new sanctions on Russia for the first time in his second term, underscoring a new degree of frustration with Russian President Vladimir Putin after a plan for the two leaders to meet in Budapest fell apart.

- The Trump administration is pursuing an array of unconventional measures to shore up mineral supplies that are vital for makers of cars, jet engines, weaponry and data centers, as the Chinese government leverages its control of rare earth exports in ways that could cripple global industry.

- General Motors GM.N unveiled new technology features that include an artificial intelligence assistant that people can talk to while they drive, a lower-cost battery and self-driving software that will allow drivers of some cars to take their eyes off the road in some circumstances.