PRESS DIGEST-New York Times business news - July 31
July 31 (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.
- As trade talks between the United States and China resumed on Tuesday in Shanghai, U.S. President Donald Trump began playing down the likelihood of a deal before the 2020 election. The president's comments underscored the diminishing prospects for a transformative trade deal anytime soon and the extent to which the bilateral relationship has not unfolded in the way that Trump expected. https://nyti.ms/314Ls61
- The planned reboot of Gawker, the news, gossip and commentary site that shut down in 2016, has been put off indefinitely and its staff laid off, the site's owner, Bustle Digital Group said on Tuesday. https://nyti.ms/314Zxk4
- Global communications firm Edelman proposed to reshape public image of GEO Group Inc, a private prisons company with contracts from the Trump administration to run immigrant detention centers, as the company was being battered by negative media attention in the uproar over reports that the United States was separating migrant children from their parents at the Mexican border. https://nyti.ms/313ltMl
- Chinese tech company Huawei Technologies said its sales for January through June grew by nearly a quarter from a year earlier, a sign that the Trump administration's clampdown has hardly brought the company crashing to the ground. https://nyti.ms/2LQA9uW (Compiled by Bengaluru newsroom)
