PRESS DIGEST-New York Times business news - March 20

March 20 (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 Federal Communications Commission said on Thursday that it had approved the local television giant Nexstar's NXST.O $6.2 billion acquisition of a rival TV company, Tegna TGNA.N, saying the deal will help counter the growing power that national programmers have amassed in recent years.

- The Trump administration said on Thursday that it planned to remove sanctions on Iranian oil, an unorthodox move intended to lower surging crude prices, which have hurt U.S. consumers and helped Iran profit.

- Federal banking regulators released a long-awaited proposal on Thursday that would reduce capital requirements on large and regional banks, a move that proponents hope will trim red tape and encourage more lending.

- Uber Technologies UBER.N said it would buy vehicles made by Rivian RIVN.O to be used as self-driving taxis and invest at least $300 million in the company, as it moves to strengthen its foothold in the nascent market for driverless ride sharing.