PRESS DIGEST- New York Times business news - Nov 22

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Nov 22 (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.

- Changpeng Zhao, the founder of Binance, the largest cryptocurrency exchange in the world, pleaded guilty to money laundering violations, the government said on Tuesday, a stunning blow to the most powerful and influential figure in the global crypto industry.

- On Tuesday, Nvidia continued its string of blistering quarterly earnings reports, driven by stellar sales for AI applications of chips called graphics processing units, or GPUs, but sales in China were a concern.

- Ford Motor said Tuesday that it was resuming work on an electric vehicle battery plant in Michigan but significantly scaling back its plans in part because of slow EV adoption in the United States.

- BMI, the giant music licensing agency that represents hundreds of thousands of songwriters, including Taylor Swift, Dolly Parton, Kendrick Lamar and Lady Gaga, has agreed to sell itself to New Mountain Capital, a private equity firm, the organization announced on Tuesday. (Compiled by Bengaluru newsroom)