PRESS DIGEST- New York Times business news - Dec 10
Dec 10 (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.
- Fiat Chrysler is expected to pay the federal government as much as $70 million in penalties for significantly underreporting the number of death and injury claims tied to potential defects in its cars, according to a person briefed on the fine. (nyti.ms/1Q2aaML)
- On Wednesday, the board of directors at Yahoo said that the company would pursue a spinoff of its core Internet business, leaving the Alibaba stock in the old company. (nyti.ms/1Q2aueo)
- Senators from both U.S. political parties on Wednesday denounced huge overnight price increases for decades-old drugs that have been made by some pharmaceutical companies lately, calling them unconscionable and detrimental to patients. (nyti.ms/1Q2aATi)
- Cindy Whitehead, who oversaw a long, but ultimately successful, effort to bring to market the first prescription drug to enhance women's sexual drive, is leaving her post as chief executive of Sprout Pharmaceuticals. (nyti.ms/1Q2dMOK) Continuación...