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PRESS DIGEST- New York Times business news – Sept 1

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Sept 1 (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.

– Amazon.com Inc has received federal approval to use drones to deliver packages, bringing the retailer a critical step closer to its goal of shortening delivery times to thirty minutes or less. https://nyti.ms/2QJFIeS

– Facebook Inc warned on Monday that it would block users and news organizations in Australia from sharing local and international news stories on its social network and Instagram if the country passed a proposed code of conduct aimed at curbing the power of Facebook and Google. https://nyti.ms/2ETqKjI

– Walmart Inc announced a membership service, in an attempt to compete with Amazon.com Inc, which will cost $98 a year to receive free shipping for orders over $35. https://nyti.ms/3hLXZnH (Compiled by Bengaluru newsroom)

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