Press Digest: New York Times business news - July 16

Dominion Energy

16/07/2026 06:32

    July 16 (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.
     
- The U.S. government said it would impose a new 25% tariff on
Brazil next week applicable to thousands of Brazilian products
while exempting major exports like oil and gas, beef, coffee,
oranges, and aircraft parts.
- NextEra Energy  NEE.N  and Dominion Energy  D.N  filed
petitions with regulators in Virginia, North Carolina and South
Carolina to combine their companies, a deal that would form the
largest electric utility and power company in the U.S.
- Payments company Stripe and private equity firm Advent
International have offered to acquire PayPal  PYPL.O  for about
$53 billion, with the takeover bid valuing PayPal’s shares at
about $60.50.
- The New York Times filed a motion to quash subpoenas issued by
the Trump administration to several of its journalists last
week.

 (Compiled by Bengaluru newsroom)
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