Press Digest: New York Times business news - October 1

Mattel

01/10/2026 06:21

Oct 1 (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 Federal Reserve's internal watchdog found no evidence of illegal behavior or administrative misconduct associated with the central bank's nearly $2.5 billion project to overhaul its headquarters in Washington, D.C., even as it concluded that the renovations were poorly managed and lacked sufficient budget constraints.
     
- South Korea pledged up to $200 billion in US energy investments, including backing the long-delayed Alaska LNG project, as the Trump administration touts foreign investment commitments ahead of midterm elections despite questions over the project's viability and Seoul's ability to meet its broader $350 billion pledge.
     
- Mattel MAT.O CEO Ynon Kreiz will become co-CEO alongside David Ellison at the combined Paramount-Warner Bros. company, bringing his track record of turning brands like Barbie into major entertainment franchises as the $111 billion merger nears completion.
      
- Trump Media DJT.O disclosed that President Trump would retain a stake of just over 20% in the company after its planned merger with nuclear fusion firm TAE Technologies, as the deal advances toward regulatory approval and aims to tie the Truth Social owner to the fast-growing AI energy infrastructure theme.

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