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PRESS DIGEST- New York Times business news - Oct 13
2016年10月13日 / 凌晨4点51分 / 1 年前

PRESS DIGEST- New York Times business news - Oct 13

Oct 13 (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.

- Snapchat's parent, recently renamed Snap Inc has hired investment banks Morgan Stanley and Goldman Sachs Group Inc for a potential initial public offering.

- Wells Fargo & Co's Chief Executive John Stumpf announced his departure from the company following the scandal surrounding its sales tactics.

- Inc announced its streaming service- Amazon Music Unlimited - that will compete directly with Spotify and Apple Music.

- Lloyds Banking Group Plc said it would eliminate 1,340 jobs as part of its long-standing restructuring plan.

- Toyota Motor Corp and Suzuki Motor Corp said on Wednesday that they were discussing a business partnership. (Compiled by Abinaya Vijayaraghavan in Bengaluru)

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