New York Times Business News - February 26, 2019
These are the most popular?stories from the New York Times business pages. The New York Times has not verified the accuracy of these stories.
Aston Martin, a British luxury automaker, will reduce 20 percent of the global workforce as tariffs are 'eating into its profits. The carmaker didn't?give an estimated timeline for job cuts but stated that it would save $54 million annually.
- Trump administration officials announced that the federal govt.?would withhold $259m?in Medicaid funding to Minnesota. This is the latest attempt by the government in pulling funding from Democrat led states, as President Trump rails about a major welfare 'fraud scandal' there.
The Trump administration wants to reduce the safeguards protecting the editorial freedom of federally funded news groups that broadcast overseas. This has raised concerns that this could undermine an "independent source" of news in parts of the globe where there are few.
ADNOC is Abu 'Dhabi’s state-owned oil giant, which has been reshaped under Sultan Al Jaber. It is aggressively expanding beyond oil to global gas, chemicals, and renewables. (Compiled by Bengaluru Newsroom)
(source: Reuters)