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PRESS DIGEST- New York Times business news - November 13

ReutersNov 13, 2025 5:42 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.

- Raphael Bostic said he would step down from his role as president of the Federal Reserve Bank of Atlanta at the end of February.

- Kim Kardashian's apparel giant, Skims, has raised $225 million in new financing, at a $5 billion valuation.

- Britain will back a modular nuclear power station for Anglesey Island in northern Wales, pledging 2.5 billion pounds ($3.36 billion) for initial site work.

- Europe's top processor of rare earths materials, Solvay SOLB.BR, said it has forged new partnerships to strengthen supply chains in the United States.

($1 = 0.7451 pounds)

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