August 25, 2017 / 5:06 AM / 4 months ago

PRESS DIGEST- New York Times business news - Aug 25

Aug 25 (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 era of Whole Paycheck, the derisive nickname for Whole Foods Market Inc, may be drawing to a close. Amazon.com Inc, which takes control of the upscale grocer on Monday, intends to slash prices the same day. nyti.ms/2vlAtWq

- Questions about the ownership and corporate structure of the HNA Group, one of China's biggest and most acquisitive companies, are mounting, prompting scrutiny by regulators in the United States and Europe and leading at least one Wall Street bank to step away from it. nyti.ms/2wLyFd3

- The Service Employees International Union, one of the largest and wealthiest unions in the United States with roughly 2 million members, will fund an extensive campaign over the next 14 months to elect politicians with labor-friendly stands on the minimum wage, unions and health care. nyti.ms/2vlbyCw

- Uber Technologies Inc, the embattled global ride-hailing business whose chief executive was forced to resign amid allegations of a workplace culture that fostered discrimination and sexual harassment, is taking to the sea in one of several experiments with new services. UberBOAT began in late June in the luminous archipelago of Croatia's tourist-choked islands. nyti.ms/2xhwiMN

- The U.S. Justice Department on Monday charged a 36-year-old Chinese national, Yu Pingan, with conspiring with two other Chinese nationals to hack the computer networks of three unnamed companies in the United States. nyti.ms/2wLzimV (Compiled by Bengaluru newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below