New York Times business news - Aug 13
Aug 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.
- Elon Musk’s live conversation with former president Donald Trump on X got off to a glitchy start on Monday in a setback for the social media service as Musk pushes to regain its dominance as an online epicenter of political discourse.
- Uber UBER.N is seeking to place a measure on Nevada’s ballot that would drastically limit the amount of money lawyers could collect when they brought successful lawsuits.
- The Psychopharmacology journal retracted three papers on MDMA-assisted therapy due to unethical conduct at one of the research sites. Several of the papers’ authors are affiliated with Lykos Therapeutics, whose application for MDMA-assisted therapy to treat post-traumatic stress disorder was rejected last week by the Food and Drug Administration.
- A group of senior Biden administration officials is traveling to Shanghai this week for high-level meetings and is expected to discuss ways to maintain economic and financial stability, capital markets and efforts to curb the flow of fentanyl into the United States.
- Democrats will hear from three presidents - Joe Biden, Barack Obama and Bill Clinton - at their convention next week in Chicago, where they will gather to recognize Vice President Kamala Harris as their presidential nominee and celebrate an unexpected campaign that has turned the race on its head.
- The New York Times editorial board will no longer make endorsements in New York elections, including in races for governor and mayor of New York City, the Times’s Opinion editor said, as a growing number of news outlets are moving away from political endorsements.
Compiled by Bengaluru newsroom; Editing by Sumana Nandy
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