PRESS DIGEST- New York Times business news – Feb 21

Feb 21 (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.

– Qualcomm Inc on Tuesday increased its takeover bid for rival chipmaker NXP Semiconductors NV to about $44 billion in hopes of shoring up support for the deal.

– Supermarket operator Albertsons Companies Inc said on Tuesday that it would buy the remnants of the Rite Aid Corp drugstore chain.

– A federal judge blocked AT&T Inc’s move to obtain communication logs between the Justice Department and the White House on Tuesday, hampering the phone company’s argument that politics played a role in the government’s decision to halt a merger with Time Warner Inc.

– With Venezuela suffering one of the most severe economic collapses of modern times, the beleaguered administration of President Nicolas Maduro announced on Tuesday that it had begun a presale of virtual currency backed by the nation’s vast petroleum reserves.

Compiled by Bengaluru newsroom

Learn More about forex trade signal

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Asian stocks led higher by Japan a dollar extends recovery

Apple in talks to buy cobalt directly from miners: Bloomberg