Press Digest: New York Times business news - August 7

Yellow

07/08/2023 06:22

Aug 7 (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.
    
    - Three years after receiving a $700 million pandemic-era
lifeline from the federal government, the U.S. trucking firm
Yellow Corp  YELL.O  is filing for bankruptcy.
    
    -  Paramount  PARA.O  is preparing to announce an agreement
to sell Simon & Schuster to KKR  KKR.N , a private-equity firm,
marking the end of a yearslong attempt to sell the publishing
house.
    
    - The blockbuster film "Barbie" has topped $1 billion in box
office ticket sales worldwide since its July 21 debut, Warner
Bros. Pictures, a unit of Warner Bros Discovery  WBD.O ,
announced on Sunday.
    
    - Appearing on five television networks on Sunday morning,
John Lauro, a lawyer for former U.S. President Donald Trump
argued that his actions in the effort to overturn the 2020
election fell short of crimes and were merely "aspirational."
    

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