PRESS DIGEST- New York Times business news - Feb. 1

Reuters · 02/01/2021 07:10
PRESS DIGEST- New York Times business news - Feb. 1

- 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.


- Melvin Capital Management, one of the hedge funds pilloried on social media message boards for its short-selling bets that GameStop Corp GME.N shares would fall, lost 53% on its portfolio in January. https://nyti.ms/3pIow9K


- U.S. President Joe Biden will meet with Republican senators this week after the lawmakers wrote to him on Sunday, outlining a framework for coronavirus relief legislation and pushing for Biden to compromise. https://nyti.ms/3cuiSny


- Former U.S. President Donald Trump on Sunday named two lawyers - David Schoen and Bruce Castor - to represent him in his coming impeachment trial in the Senate, a day after he parted ways with five members of his initial team. https://nyti.ms/3r6M884




(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))