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Press Digest: New York Times business news - October 28

PRESS DIGEST-New York Times business news - October 28

- 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.

-General Motors GM.N said it would transfer the listing of its common stock to Nasdaq from the New York Stock Exchange, joining a growing number of companies looking to align themselves with the tech-heavy exchange.

- Anthropic named both Goldman Sachs GS.N and Morgan Stanley MS.N as lead underwriters on its upcoming IPO, with Goldman listed in the prospectus as the 'lead left' bank and Morgan Stanley as the 'stabilization agent'.

- The US Supreme Court refused to reinstate the authority of immigration judges to temporarily postpone deportation cases, keeping in place an agreement between President Donald Trump's administration and Republican-governed Texas that bars the once-common practice.

- A federal grand jury has declined to indict former White House aide Cassidy Hutchinson who had provided testimony to a congressional panel that probed the January 6, 2021, attack on the US Capitol by President Donald Trump's supporters.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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