PRESS DIGEST- New York Times business news - September 12

Reuters
2025/09/12
PRESS DIGEST- New York Times business news - September 12

Sept 12 (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.

- David Ellison's Paramount PSKY.O plans to bid for Warner Bros. Discovery WBD.O, aiming to merge their major studios and influential news networks like CBS News and CNN, potentially reshaping the media industry despite regulatory challenges and Warner's planned split into cable and streaming/studio businesses.

- Puck, a newsletter company founded in 2021, is acquiring Air Mail, a digital weekly started in 2019 by Graydon Carter and Alessandra Stanley, in a stock-based deal to combine their insider-focused journalism and luxury-oriented platforms, with the acquisition expected to take months to finalize.

- NPR has appointed Thomas Evans, a former CNN vice president and managing editor, as its new editor in chief, and Marta McLellan Ross, a former policy adviser, as chief of staff, effective September 15, as the organization faces challenges from the elimination of federal funding.

- U.S. President Trump's immigration raid on South Korean workers at a Hyundai-LG plant and his executive order dictating Japan's $550 billion investment terms under threat of higher tariffs have sparked outrage in Seoul and Tokyo, prompting allies to question the value of their nearly $1 trillion U.S. investment pledges and complicating ongoing trade negotiations.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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