PRESS DIGEST-New York Times business news - February 4

Reuters02-04 14:11
PRESS DIGEST-New York Times business news - February 4

Feb 4 (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.

- One of Netflix's NFLX.O co-chief executives, Ted Sarandos, told U.S. senators on Tuesday about its $83 billion purchase of Warner Bros. Discovery WBD.O that the streaming giant would boost domestic film and television production and preserve opportunities for workers and consumers.

- Stephen Miran, who took a leave of absence from advising U.S. President Donald Trump so he could become a governor of the U.S. Federal Reserve, said on Tuesday that he would resign from his White House post.

- Walmart WMT.O crossed above $1 trillion in market value on Tuesday, becoming the first traditional retailer to hit the milestone.

- Josh D'Amaro, a 28-year Disney DIS.N veteran with vast theme park experience but little expertise in movies and television, will succeed Robert Iger as Disney's chief executive.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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