Advertisement

PRESS DIGEST- New York Times business news - June 24

June 24 (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.

- BuzzFeed, the digital publisher known for quizzes, listicles and a news division that won its first Pulitzer Prize this month, is close to reaching a merger deal that would take the company public, a person with knowledge of the company said Wednesday. https://nyti.ms/2TTYk0G

- Southwest Airlines, the first large U.S. airline to return to making money after the pandemic crushed air travel, said on Wednesday that Chief Executive Gary Kelly will step down next year. https://nyti.ms/2TVHWNa

- Warren Buffett, the chairman and chief executive of Berkshire Hathaway, said on Wednesday that he had resigned as a trustee of the Bill and Melinda Gates Foundation, coming just weeks after the couple announced their divorce and raising new questions about the future of the foundation. https://nyti.ms/2SZKvh7

- The owner and insurers of the enormous container ship that blocked the Suez Canal for six days in March and disrupted global shipping have reached a settlement with the Egyptian authorities, one of the insurers said on Wednesday. https://nyti.ms/3j3Mrjk (Compiled by Bengaluru newsroom)