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PRESS DIGEST- New York Times business news - October 8

ReutersOct 8, 2025 5:16 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.

- Tesla TSLA.O on Tuesday unveiled new versions of its two most popular models, Model Y and Model 3, to sell for $40,000 and $37,000 respectively.

- A Los Angeles jury ordered Johnson & Johnson JNJ.N on Monday to pay $966 million to the family of a California woman who died from a rare and aggressive cancer, after the company was found liable in a lawsuit claiming its baby powder products cause cancer.

- New Jersey's attorney general is investigating the frequency of sexual violence during Uber UBER.N rides and whether the company has misrepresented the safety of its ride-hailing service to passengers and drivers.

- The European Union's executive arm on Tuesday proposed a sharp increase in steel tariffs as it raced to protect the bloc's steel industry from Chinese competition, a move that is likely to impose painful costs on Britain and other close trading partners.

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