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Press Digest: New York Times business news - August 13

PRESS DIGEST-New York Times business news - August 13

- 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.

- Home Depot HD.N said its CEO Ted Decker will take a temporary medical leave of absence and is expected to return within the next few months, with two executives appointed to do Decker's job in the interim.

- U.S. President Donald Trump said White House press secretary Karoline Leavitt will leave her role at the end of the month to spend more time with her family, after the latter recently returned from maternity leave.

- The U.S. Treasury Department said that it was permanently halting the collection of data about the ownership of private American companies that was required as part of the 2021 Corporate Transparency Act.

- Thrive Holdings, which buys up traditional service providers like accounting businesses and infuses them with A.I., said that it had raised $2 billion in new funding, valuing it at $12 billion.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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