Press Digest: New York Times business news - Feb 22

BuzzFeed

22/02/2024 06:40

Feb 22 (Reuters) - 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.
    
    -  Boeing  BA.N  said on Wednesday it was replacing the head
of its troubled 737 MAX program effective immediately, the first
major executive departure since the Jan. 5 mid-air panel blowout
of a new Alaska Airlines MAX 9.
    
    - BuzzFeed  BZFD.O  said on Wednesday it has sold publisher
Complex to live-video shopping app NTWRK in a $108.6 million
all-cash deal, as the digital media outlet looks to enhance its
profitability.
    
    - The U.S. Internal Revenue Service said on Wednesday it
plans to crack down on wealthy executives who may be using
company jets for personal trips but claiming the costs as
business expenses for tax purposes, as part of a new audit push
to boost revenue collections.
    
    - The Biden administration on Wednesday announced measures
to bolster cybsecurity at U.S. ports including expanded
responsibilities for the Coast Guard and investment in domestic
production of cranes.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))