PRESS DIGEST- New York Times business news – August 7

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 is filing for bankruptcy.- Paramount is preparing to announce an agreement to sell Simon & Schuster to KKR, 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, 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)

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