September 5, 2017 / 4:40 AM / 2 months ago

PRESS DIGEST- New York Times business news - Sept 5

Sept 5 (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.

- Tronc Inc the publisher of The Los Angeles Times and The Chicago Tribune, announced on Monday that it had acquired The Daily News, the nearly 100-year-old tabloid that for decades set the city's agenda with its gossip, sports and city coverage. nyti.ms/2xKHyRY

- U.S. President Donald Trump said on Sunday that the United States could consider stopping all trade with countries doing business in North Korea, in a move that could spell economic catastrophe for the pugnacious country. nyti.ms/2wCsnud

- United Technologies Corp has agreed to buy airplane parts maker Rockwell Collins Inc for $30 billion, including debt, establishing an industrial giant and cementing one of the largest deals ever in the aerospace industry. nyti.ms/2wCQicP

- Lilium Aviation, a German company that held a successful test flight of the Eagle, its two-seat electric jet at their Munich base this year, announced on Tuesday that it has raised $90 million in a new round of financing. nyti.ms/2eYl2xr (Compiled by Bengaluru newsroom)

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