May 18 (Reuters) - 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.
- Montana Governor Greg Gianforte on Wednesday signed legislation to ban Chinese-owned TikTok from operating in the state to protect residents from alleged intelligence gathering by China, making it the first U.S. state to ban the popular short video app.
- CNN has selected Kaitlan Collins to host a new weeknight show at 9 p.m., elevating her to one of the most coveted time slots in cable news a week after she moderated a contentious town hall with former President Donald J. Trump.
- Federal appeals court judges on Wednesday appeared to express support for opponents of the abortion pill mifepristone to pursue their challenge to its U.S. approval. The judges appeared skeptical of the government's and Danco's views that the doctors and organizations who brought the lawsuit could not sue because they have not been harmed by the U.S. Food and Drug Administration approval of the drug in 2000.
- U.S. President Joe Biden on Wednesday said he was confident that "America will not default" as congressional leaders in both parties offered some signs of optimism about eventually reaching a deal to raise the nation's borrowing limit. (Compiled by Bengaluru newsroom)