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PRESS DIGEST- New York Times business news

Aug 4 (Reuters) – The following are a tip stories on the
New York Times business pages. Reuters has not accurate these
stories and does not attest for their accuracy.

– Federal prosecutors are questioning Kushner Companies,
the genuine estate organisation owned by a family of Jared Kushner over
its use of a module that grants visas to rich overseas
investors. The authorities are also looking into a purpose of
Kushner’s sister, Nicole Meyer. http://nyti.ms/2vnlIpm

– Avon Products Inc pronounced a arch executive,
Sherilyn McCoy, would step down during a finish of Mar as the
door-to-door seller of beauty products has faced vigour from
activist investors to reshape a government and speed adult its
turnaround. http://nyti.ms/2vnYUGa

-The Trump administration pronounced it would not check an
Obama-era law on smog-forming pollutants from smokestacks
and tailpipes, reversing a preference that a EPA administrator,
Scott Pruitt done in June, to put off an Oct. 1 deadline for
designating that areas of a nation met new ozone standards.

-Alibaba Group Holding Ltd and Kering SA,
the owners of brands Gucci and Saint Laurent, pronounced they had
resolved their differences. Kering would repel a 2015 lawsuit
charging that tawdry products had been sole from a Chinese
e-commerce giant’s website. http://nyti.ms/2vnogDW

(Compiled by Bengaluru newsroom)

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