Aug 28 (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.
– The race to buy TikTok’s U.S. operations has entered its final stages, with two groups submitting bids for the video app, said three people involved in the deal talks. One of the bids was from Microsoft Corp and Walmart Inc, which have teamed up, and the other was from Oracle Corp and could include a coalition of investors, the companies said. https://nyti.ms/31yhwlW
– A debate between the White House and the U.S. Treasury Department over President Trump’s payroll tax suspension has delayed crucial information about how the executive order will be carried out, according to people familiar with the matter, leaving businesses across the country uncertain about how to proceed. https://nyti.ms/3jk0mP4
– Bon Appétit, the multimedia food-journalism outlet that has experienced a summer of racial strife in the workplace, appointed a new editor in chief: Dawn Davis, a prominent editor and executive who has been one of the few Black power players in the book world. https://nyti.ms/2YJW37Y
(Compiled by Bengaluru newsroom)
Add Comment