U.S. Markets close in 1 hr 25 mins

PRESS DIGEST- New York Times business news - June 15

June 15 (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 New York State attorney general's office filed a scathingly worded lawsuit on Thursday taking aim at the Donald J. Trump Foundation, accusing the charity and the Trump family of sweeping violations of campaign finance laws, self-dealing and illegal coordination with the presidential campaign. https://nyti.ms/2LT2qgd


- AT&T Inc announced it had completed its $85.4 billion acquisition of Time Warner Inc on Thursday, shortly after the Justice Department said it would not seek an injunction to stop the deal. https://nyti.ms/2HPcUee


- Facebook Inc is losing a top executive who was a confidant of its chief executive, Mark Zuckerberg, and chief operating officer, Sheryl Sandberg. Elliot Schrage, a Facebook vice president, said on Thursday that he was leaving the social network, ending a decade in which he played a central role in the company's communications, marketing and public policy. https://nyti.ms/2LSYH2l

(Compiled by Bengaluru newsroom)