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PRESS DIGEST- New York Times business news - Nov 9

Reuters
·1 min read

Nov 9 (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.

- Binance, the world's largest cryptocurrency exchange, said it had reached an agreement to buy its competitor FTX, which struggled to meet a surge of withdrawals in recent days.

- Kohl's chief executive, Michelle Gass, is leaving the department store chain on Dec 2 to become president of Levi Strauss & Company and eventually succeed its longtime leader, Chip Bergh.

- Evelyn de Rothschild, who as a London scion of the European banking dynasty helped Britain privatize its railroads, steel and coal in the tradition of his ancestors, who had helped finance the acquisition of the Suez Canal and the defeat of Napoleon, died on Monday evening at his home in London. (Compiled by Bengaluru newsroom)