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PRESS DIGEST- New York Times business news - Aug 26

·1 min read

Aug 26 (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.

- American Airlines Group Inc warned employees on Tuesday that it would cut up to 19,000 workers on October 1, saying that there was little sign that the pandemic-induced reluctance to travel was diminishing. https://nyti.ms/2EhMgyZ

- Ant Group, the payment- and finance-focused sister company of the Chinese e-commerce titan Alibaba, filed paperwork on Tuesday to list shares in Hong Kong and Shanghai. https://nyti.ms/3lmodPR

- McDonald's Corp said on Tuesday that its investigation into misconduct claims within the company now included whether its former chief executive, Steve Easterbrook, may have covered up inappropriate actions by other executives during his tenure. https://nyti.ms/3ji3YkO (Compiled by Bengaluru newsroom)