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PRESS DIGEST- New York Times business news - May 16

ReutersMay 16, 2025 5:08 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.

- The Securities and Exchanges Commission (SEC) is investigating whether Coinbase COIN.O misstated its user numbers, even after it dropped a lawsuit accusing the crypto exchange of illegally marketing digital currencies to the public.

- Centers for Disease Control and Prevention advisers may limit recommendations for the Covid vaccine, with only older Americans and those with chronic health problems being urged to vaccinate.

- The Trump administration has struck a deal with the United Arab Emirates to deliver hundreds of thousands of advanced Nvidia NVDA.O chips annually to build one of the world’s largest data center hubs.

- A second air traffic control facility in the United States experienced a 90-second communications outage after disruptions raised safety fears and caused flight delays at Newark Liberty Airport near New York.

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