PRESS DIGEST – The New York Times Business News

Nov 22 (Reuters) – Here are the headlines from the New York Times business section. Reuters has not verified the reports or vouched for their accuracy.

— After two years of regulatory scrutiny and intense speculation in the publishing world, Penguin Random House’s deal to buy Simon & Schuster officially collapsed on Monday after an uphill court battle and hundreds of millions of dollars in fees.

– Members of the SMART Transportation Division, a union that primarily represents freight rail operators, narrowly rejected temporary labor contracts at work, the union said Monday.

– California’s last nuclear power plant received $1.1 billion in federal funding on Monday, as the state seeks to extend the plant’s operations — currently set to end in 2025 — to meet power needs as climate events intensify. (Compiled by Bengaluru Newsroom)

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