July 21, 2017 / 5:41 AM / in 8 months

PRESS DIGEST- New York Times business news - July 21

July 21 (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.

- U.S. President Donald Trump's administration said Harley-Davidson was no longer required to fund the antipollution program, knocking $3 million off the company's bill. nyti.ms/2gP7fwp

- Microsoft reported that its profit in the most recent quarter more than doubled from a year ago. Microsoft's cloud-computing business was the star of the company's fiscal fourth-quarter earnings report as revenue from its Intelligent Cloud business rose 11 percent to $7.4 billion. nyti.ms/2gOZPcF

- The American and European authorities said on Thursday that they had shut down two of the largest online black markets, AlphaBay and Hansa Market, and arrested their operators. nyti.ms/2gP0z1o

- Tesla CEO Elon Musk said he had been given "verbal" government "approval" for his Boring Company, to build an underground transportation system connecting New York City to Philadelphia to Baltimore and on to Washington D.C. enabling people to make the trip in 29 minutes. nyti.ms/2gOTNZD

Compiled by Bengaluru newsroom

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