PRESS DIGEST- New York Times business news - December 18

Dec 18 (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.

- The United States approved $11.1 billion in arms sales to Taiwan, the largest ever U.S. weapons package for the island that is under increasing military pressure from China.

- The annual Academy Awards telecast will move from the ABC broadcast network DIS.N to stream live on YouTube GOOGL.O around the world starting in 2029, organisers said on Wednesday.

- Federal prosecutors filed criminal fraud charges against two top executives at Tricolor Auto, and two other executives have already pleaded guilty to related charges.

- Warner Bros. Discovery WBD.O went on the attack against Larry and David Ellison, urging shareholders to reject their hostile takeover offer and saying the Ellisons have "consistently misled" them.