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PRESS DIGEST- New York Times business news - Feb. 8

· 02/08/2021 00:43
PRESS DIGEST- New York Times business news - Feb. 8

- 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.

- South Africa halted use of the AstraZeneca-Oxford COVID-19 vaccine on Sunday after evidence emerged that the vaccine did not protect clinical trial volunteers from mild or moderate illness caused by the more contagious virus variant that was first seen there. https://nyti.ms/2MzSFK1

- Top House Democrats are preparing to unveil legislation that would send up to $3,600 per child to millions of Americans, as lawmakers aim to change the tax code to target child poverty rates as part of President Biden's sweeping $1.9 trillion stimulus package. https://nyti.ms/3aFJ38A

- New York Mayor Bill de Blasio on Sunday ordered a sweeping review of the nonprofit organizations that run the city's $2 billion network of homeless shelters after allegations emerged that the chief executive of a major operator had used his power to sexually abuse women and enrich himself and his family. https://nyti.ms/3aI51Yz

(Compiled by Bengaluru newsroom)