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PRESS DIGEST-New York Times business news - November 12

ReutersNov 12, 2025 7:01 AM

- 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.

- Japan's SoftBank 9984.T said it has sold its entire $5.8 billion holdings in Nvidia NVDA.O.

- The Food and Drug Administration named its head cancer drug regulator, Dr Richard Pazdur, to lead the Center for Drug Evaluation and Research.

- U.S. Transportation Secretary Sean Duffy on Tuesday refused to say when he would roll back the restrictions on flights at 40 busy airports.

- The Trump administration plans to allow new oil and gas drilling off the California coast for the first time in roughly four decades.

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