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PRESS DIGEST-New York Times business news – Aug 3

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Aug 3 (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.

– Microsoft Corp said on Sunday that it would continue to pursue the purchase of TikTok in the United States after consulting with President Trump. https://nyti.ms/3k7g3Kv

– U.S. retailer Lord & Taylor, a department store company that traces its roots to 1826, filed for Chapter 11 bankruptcy on Sunday, becoming the latest retailer to do so as the coronavirus outbreak accelerates the demise of chains that were already teetering. https://nyti.ms/39Oj9yB

– U.S. astronauts Bob Behnken and Doug Hurley who flew to the International Space Station in SpaceX’s new Crew Dragon, were greeted by a group of private boats on Sunday as their capsule splashed down safely in the Gulf of Mexico. https://nyti.ms/2PhgmEm

(Compiled by Bengaluru newsroom)

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