PRESS DIGEST- New York Times business news - March 1

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 1 (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.


- FTX executive Nishad Singh on Tuesday became the third person to plead guilty to criminal charges arising from the collapse of the cryptocurrency exchange and agree to cooperate with federal prosecutors.


- U.S President Joe Biden on Tuesday announced his intention to nominate Julie Su, the deputy labor secretary, to succeed Labor Secretary Martin J. Walsh, who has announced plans to leave his position in March.


- Tens of millions of low-income families in the U.S. are set to lose additional food stamp benefits on Wednesday after the expiration of a pandemic-era policy that had increased the amount they received, leaving food banks bracing for a surge in demand and some advocates predicting a rise in hunger nationwide.
(Compiled by Bengaluru newsroom)

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