PRESS DIGEST-New York Times business news - April 29
April 29 (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.
* Frank Bisignano, a senior executive in the inner circle of Jamie Dimon, JPMorgan Chase's chief executive, is leaving, the latest departure after the bank reported a multibillion-dollar trading loss last year. ()
* A venomous public battle over a $5.2 billion proposal by the Empire State Building's managing family will face a crucial legal test beginning on Monday. ()
* Millions of Americans suffered a loss of wealth during the recession and the sluggish recovery that followed. But the last half-decade has proved far worse for black and Hispanic families than for white families, starkly widening the already large gulf in wealth between non-Hispanic white Americans and most minority groups, according to a new study from the Urban Institute. ()
* Legislation that would force internet retailers to collect sales taxes from their customers has put antitax and small-government activists like Grover Norquist's Americans for Tax Reform and the Heritage Foundation in an unusual position: they're losing. ()
* The Huffington Post announced Sunday night that Mark Cuban's cable channel AXS TV, previously known as HDNet, would soon carry HuffPost Live's programming for six hours a day. ()
- Gaza toll passes 100; Israel to counter rockets 'with all power' |
- Mexican train derails, stranding 1,300 migrants headed toward U.S.
- Ukraine says rebels will pay as missiles kill 23 soldiers |
- Texas mass murder suspect collapses in court as crime recounted
- British 'Harry Potter' actor David Legeno found dead in U.S. park