PRESS DIGEST- New York Times business news – Jan 17

Jan 17 (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.

– General Electric Co delivered another disappointing surprise to investors on Tuesday, taking a $6.2 billion charge to pay for lingering problems in its finance unit.

– General Motors Co Chief Executive Mary Barra urged the Trump administration on Tuesday not to scrap the North American Free Trade Agreement, and said any changes in the pact should account for the effect on American automakers and workers.

– The legal fight against the Federal Communications Commission’s recent repeal of so-called net neutrality regulations began on Tuesday, with a flurry of lawsuits filed to block the agency’s action.

Compiled by Bengaluru newsroom

Source: Reuters


Tuscan rivals in Italy vote spar over center-right currency plan

February 22, 2018 mmayha 0

SIENA, Italy (Reuters) – A proposal by a center-right coalition, leading polls ahead of a March 4 election, to issue small-denomination sovereign bonds would damage public accounts and curb economic growth, Economy Minister Pier Carlo […]


JPMorgan says website glitch affecting client accounts fixed

February 22, 2018 mmayha 0

Feb 22 (Reuters) – JPMorgan Chase & Co’s website experienced a technical glitch for nearly three hours on Wednesday evening, with clients seeing a different customer’s account after signing in, a spokeswoman for the Wall […]

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