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# Top Stories on New York Times Business Pages

## Comcast Moves Up Negotiations to Sell Hulu Stake to Walt Disney

Brian Roberts, the chief executive of Comcast, revealed on Wednesday at an investor conference that his company had reached an agreement to expedite negotiations for the sale of its stake in Hulu to the Walt Disney Company. This decision comes as Walt Disney already owns the majority of the popular streaming service. The move signifies a significant development in the media industry, potentially impacting the future of Hulu’s ownership structure.

## WeWork to Renegotiate Leases and Withdraw from Underperforming Locations

Following WeWork’s recent warning about its uncertain future, the co-working company’s chief executive announced on Wednesday their plans to initiate renegotiations for nearly all of its leases. Moreover, they expressed intentions to likely pull out from underperforming locations. This strategic shift aims to improve the company’s financial situation and ensure its sustainability amidst industry challenges.

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## US Government Seizes Iranian Crude Oil in Violation of Sanctions

Recently unsealed court papers have revealed that the United States government has successfully seized almost one million barrels of Iranian crude oil. The seizure occurred as a result of allegations that the oil was being smuggled to China, a violation of U.S. sanctions against Iran. By raising the threat of prosecution, the U.S. government compelled the tanker carrying the oil to bring it into American waters. This development highlights the rigorous enforcement of U.S. sanctions policies and showcases the nation’s commitment to countering illicit activities.

## Biden Administration Enacts Measures to Protect Pristine Wilderness in Alaska

In a significant environmental announcement, the Biden administration disclosed its decision to prohibit drilling in approximately 13 million acres of pristine wilderness located within the National Petroleum Reserve in Alaska. Additionally, the administration plans to cancel all drilling leases in the Arctic National Wildlife Refuge. These protective measures aim to safeguard the ecological integrity and natural resources of these sensitive areas. Recognizing the importance of conservation, the Biden administration showcases its commitment to sustainable environmental practices.

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