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PRESS DIGEST-New York Times business news - December 23

ReutersDec 23, 2025 6:53 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.

- Oracle co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing for Paramount Skydance's PSKY.O offer to acquire Warner Bros Discovery WBD.O, a filing showed on Monday.

- The Trump administration is recalling nearly 30 ambassadors and other senior career diplomats to ensure embassies reflect its “America First” priorities, a move critics said would weaken U.S. credibility abroad.

- The Trump administration on Monday said it would pause leases for five wind farms under construction off the east coast, essentially gutting the country’s nascent offshore wind industry.

- The U.S. Food and Drug Administration approved Novo Nordisk's NOVOb.CO weight-loss pill on Monday, giving the Danish drugmaker a leg up in the race to market a potent oral medication for shedding pounds.

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