Press Digest: New York Times business news - July 2

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02/07/2025 07:26

July 2 (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.

- Paramount PARA.O has agreed to pay U.S. President Donald Trump $16 million to settle his lawsuit over the editing of an interview on the CBS News program “60 Minutes,” the company said late Tuesday.

- Yale Law School Dean Heather Gerken will become the president of the Ford Foundation later this year, the group said Tuesday.

- Technology company Cloudflare NET.N said it had rolled out a new permission-based setting that allows customers to automatically block artificial intelligence companies from collecting their digital data.

- The Trump administration has declined to release nearly $7 billion in federal funding that helps pay for after-school and summer programs, support for students learning English, teacher training and other services.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))