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PRESS DIGEST- New York Times business news - Sept 5
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PRESS DIGEST- New York Times business news - Sept 5
Sep 6, 2024 12:47 PM

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.

- U.S. President Joe Biden is preparing to soon block an

attempt by Japan's Nippon Steel ( NISTF ) to buy U.S. Steel

on national security grounds, likely sinking a merger that

became entangled in election-year politics in the United States.

- Leaving behind the two NASA astronauts it took to the

International Space Station three months ago, Boeing's ( BA )

troubled Starliner spacecraft is set to begin its return to

Earth on Friday evening.

- Tiktok is pushing to improve information about the U.S.

presidential election by expanding a landing page on how

elections work and why they can be trusted and run new in-feed

videos about media literacy.

- Democratic presidential candidate Kamala Harris on

Wednesday proposed raising the capital gains tax rate for those

earning $1 million or more to 28%, instead of the 39.6% rate

proposed by President Joe Biden in his fiscal 2025 budget.

(Compiled by Bengaluru newsroom)

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