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PRESS DIGEST-New York Times business news - May 27

ReutersMay 27, 2025 5:34 AM

- 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.

- Four former Volkswagen VOWG.DE executives, who were responsible for engine technology, were found guilty of fraud charges on Monday for their role in an emissions-cheating scandal.

- U.S. President Donald Trump said on Monday he is considering taking $3 billion of previously awarded grant money for scientific and engineering research away from Harvard University and giving it to trade schools.

- Jake Wood, the executive director of a U.S.-backed private humanitarian organization, Gaza Humanitarian Foundation, resigned on Sunday, saying that he had found it impossible to perform the job independently.

- Brian Murphy, a federal judge expressed frustration on Monday night with the government's failure to give due process to a group of deportees the administration is trying to send to South Sudan but is now holding in Djibouti, as he had mandated last week.

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