Get 40% Off
🤑 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

PRESS DIGEST- New York Times business news - Feb 8

Published 08/02/2019, 04:36 pm
Updated 08/02/2019, 04:40 pm
© Reuters.  PRESS DIGEST- New York Times business news - Feb 8
AIR
-
RENA
-
SHLDQ
-
AMZN
-
NAB
-
META
-
QAN
-

Feb 8 (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.

- Jeff Bezos, chief executive of Amazon.com Inc AMZN.O , accused publisher of leading supermarket tabloid National Enquirer of "extortion and blackmail" on Thursday, laying out a theory that brought together international intrigue, White House politics, nude photos and amorous text messages. https://nyti.ms/2MUzaaJ

- A federal bankruptcy judge on Thursday approved Sears Holdings Corp SHLDQ.PK Chairman Edward Lampert's plan to buy the department store chain for $5.2 billion, but the judge implored Lampert to make a fresh start. https://nyti.ms/2WPWMBS

- Woody Allen sued Amazon.com Inc AMZN.O in federal court on Thursday, seeking at least $68 million and saying that the company's streaming service had improperly backed out of a four-movie deal because of a renewed focus on allegations of sexual abuse on Allen's part. https://nyti.ms/2UM4wTt

- French carmaker Renault RENA.PA on Thursday suggested publicly for the first time that Carlos Ghosn, its embattled former chairman and chief executive, may have misused company money to finance a lavish Marie Antoinette-themed party at Versailles to celebrate his second marriage and his new wife's 50th birthday. https://nyti.ms/2E0wOV0

- Australian carrier Qantas QAN.AX has cancelled an outstanding 2006 order for eight Airbus SE AIR.PA A380 airplanes, adding to the uncertainty about the fate of the world's largest passenger aircraft. https://nyti.ms/2DlURvR

- National Australia Bank Ltd NAB.AX said on Thursday that Andrew Thorburn, its chief executive, and Ken Henry, its chairman, would soon resign from the company, citing the report issued by an Australian royal commission that castigated the industry for putting profit ahead of its customers and called for tougher regulations and accountability. https://nyti.ms/2TAsTDC

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

- In a direct challenge to Facebook FB.O business model, Germany's competition authority on Thursday sharply curtailed how the world's largest social network may profile people, saying that users could refuse to allow the company to combine their Facebook information with data about their activities on other sites. https://nyti.ms/2MTIFH6

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.