September 11, 2017 / 4:39 AM / 10 months ago

PRESS DIGEST- New York Times business news - Sept 11

Sept 11 (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.

- When Apple Inc unveils its new top-of-the-line iPhone on Tuesday, it will also enter new territory on price: The latest phone will start at about $1,000, compared with the $769 minimum for its current top phone, the iPhone 7 Plus.

- Volkswagen AG, the German auto giant, is preparing for a swift expansion in its output of electric cars next year — and the biggest jump in production will be in China. General Motors Co is making China the hub of its electric car research and development. Renault-Nissan, the French and Japanese carmaker, and Ford Motor Co have hustled to set up joint electric-car ventures in China.

- In the wake of the disclosure on Thursday by Equifax Inc that hackers had compromised its collection of private information, potentially affecting 143 million Americans, The New York Times asked readers to tell their own tales of being hacked. Some previous victims of data breaches have also taken to Twitter.

- Construction cranes are a ubiquitous sight in Miami, symbols of a growing city towering hundreds of feet above its streets. They are built to withstand high winds, but maybe not to withstand Hurricane Irma. Since Irma made landfall in the Florida Keys early on Sunday, bringing hurricane-force winds to much of South Florida, parts of two cranes collapsed.

Compiled by Bengaluru newsroom

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