Reuters logo
PRESS DIGEST- New York Times business news - March 1
March 1, 2017 / 5:43 AM / 9 months ago

PRESS DIGEST- New York Times business news - March 1

March 1 (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.

- Penguin Random House will publish coming books by former President Barack Obama and the former first lady Michelle Obama, the publishing company announced Tuesday night, concluding a heated auction among multiple publishers.

- Snap Inc, the company which is preparing to go public this week, is trying to bolster its camera ambitions and is said to have worked on a drone.

- Lee Jae-yong, the head of Samsung, was indicted on bribery and embezzlement charges on Tuesday, becoming one of the most prominent business tycoons ever to face trial in South Korea.

- Time Inc, the publisher of Time, People and Sports Illustrated magazines, has requested formal bids from potential acquirers by next week.

- YouTube said it plans to introduce a new subscription service called YouTube TV in the next "few months", offering more than 40 channels including all four major networks, Disney Channel, FX and ESPN, for $35 a month. (Compiled by Vishal Sridhar in Bengaluru)

Our Standards:The Thomson Reuters Trust Principles.
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