PRESS DIGEST- New York Times business news - October 15

Reuters
Oct 15
PRESS DIGEST- New York Times business news - October 15

Oct 15 (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.

- Stellantis STLAM.MI, the carmaker that owns Chrysler, Fiat, Jeep and Ram said that it would spend $13 billion over the next four years to bolster production in the United States, its biggest market.

- Netflix NFLX.O announced a partnership with Spotify SPOT.N that would bring video podcasts on sports, culture, entertainment and true crime to the streaming platform early next year.

- General Motors GM.N said that it would record a $1.6 billion hit to its third-quarter earnings in a SEC filing.

- Federal Reserve Chair Jerome Powell still sees labor market risks outweighing those posed by higher inflation tied to U.S. President Donald Trump's tariffs.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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