Press Digest: New York Times business news - August 27

Cracker Barrel Old Country Store

27/08/2025 06:52

Aug 27 (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.

- Cracker Barrel CBRL.O announced on Tuesday that it would keep its original logo, complete with the classic guy-and-a-barrel design, after its plans to rebrand set off a backlash on social media, including from U.S. President Donald Trump.

- President Donald Trump on Wednesday followed through on his threat to impose a 50% tariff on nearly all goods arriving from India, leveling one of his most punitive tariffs at a country with deep ties to the United States.

- SpaceX's Starship — the mammoth rocket that Elon Musk hopes to use to take people to Mars — made it all the way up to space and all the way back down to Earth during a 10th test flight on Tuesday night.

- A day after U.S. President Donald Trump said he would remove Lisa Cook from her position on the Federal Reserve Board, her lawyer said on Tuesday that she would sue to challenge the dismissal, arguing that the president had "no authority" to order such a firing.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))