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PRESS DIGEST- New York Times business news - Sept 22

Reuters
·1 min read

Sept 22 (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.

- The U.S. Justice Department filed an antitrust suit on Tuesday against American Airlines and JetBlue, saying a growing alliance between the two carriers had created a "de facto merger" in the New York and Boston markets, reducing competition and hurting consumers. https://nyti.ms/3hVqeCq

- AutoNation, the automotive retail giant, has named Mike Manley, the former chief executive of Fiat Chrysler, as its chief executive, replacing Mike Jackson, who is retiring after running the company for most of the last 22 years. https://nyti.ms/2ZkMUpv

- Alphabet Inc's Google announced on Tuesday that it would spend $2.1 billion to buy a Manhattan office building on the Hudson River waterfront, paying one of the largest prices in recent years for a U.S. office building and providing a jolt of optimism to a real estate industry lashed by the COVID-19 pandemic. https://nyti.ms/3hQItZZ (Compiled by Bengaluru newsroom)