PRESS DIGEST-New York Times business news - May 1

ReutersMay 1, 2026 5:09 AM

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May 1 (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.

- Apple AAPL.O on Thursday officially introduced its incoming chief executive, John Ternus, to the public.

- The California Department of Motor Vehicles says it could suspend or revoke permits for Waymo taxis and other driverless cars for continued violations.

- The U.S. Senate on Thursday unanimously approved an immediate prohibition on incumbent senators, staff, and other officers from using prediction markets that provide a form of gambling on real-world events.

- The U.S. Federal Emergency Management Agency is reversing job cuts that Kristi Noem, the former homeland security secretary, had overseen before she was fired last month.

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