Press Digest: New York Times business news - May 29

Walt Disney Co

29/05/2026 06:15

May 29 (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.
     
- U.S. Treasury Secretary Scott Bessent said on Thursday that his agency had been working on a mock-up of a $250 note bearing the face of U.S. President Donald Trump in preparation for an addition to the nation's paper currency that would for the first time include the portrait of a living president.

- The ABC television network on Thursday issued a rigorous defense of its right to broadcast, accusing the Federal Communications Commission of threatening its station licenses as part of a campaign of "unconstitutional retaliation and coercion."

- CBS News named journalist Nick Bilton as executive producer of news magazine "60 Minutes" on Thursday, marking the first time the long-running show has tapped a leader from outside traditional television news.

- A rocket built by the Jeff Bezos-owned space company Blue Origin blew up on the launchpad in Florida on Thursday night.


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