June 12 The following were the top stories on
the New York Times business pages on Tuesday. Reuters has not
verified these stories and does not vouch for their accuracy.
- The Obama administration said that it would exempt seven
more nations, but not China, from sanctions against countries
and banks that do business with Iran.
- The recent downturn left the median American family in
2010 with no more wealth than in the early 1990s, erasing almost
two decades of accumulated prosperity, the Federal Reserve said.
- Apple on Monday introduced a new version of its
mobile operating system for iPhones and iPads that will bring a
host of new features, including maps that let users soar over a
three-dimensional rendering of a city.