PRESS DIGEST- New York Times business news - June 24

Reuters
5 hours ago
PRESS DIGEST- New York Times business news - June 24

June 24 (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.

- Ford Motor F.N said on Monday that it was committed to completing and opening a battery plant in Michigan, even if Congress and President Trump make the project ineligible for tax incentives.

- Omnicom's OMC.N $13.5 billion acquisition of rival Interpublic IPG.N can move forward on the condition the new company does not enter agreements with others to steer ad dollars toward or away from publishers based on political content, the U.S. Federal Trade Commission said on Monday.

- Federal Reserve Vice Chair for Supervision Michelle Bowman has indicated that the central bank should begin cutting rates as soon as next month to avoid putting too much downward pressure on economic growth.

- U.S. President Donald Trump said early Tuesday that a cease-fire between Israel and Iran had started, but uncertainty hung over the war as Israel’s government had no immediate comment, and Iran, which said it had agreed to stop fighting, fired a wave of missiles that killed at least four people.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10