April 29, 2013 / 5:30 AM / in 4 years

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. ()

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