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PRESS DIGEST- New York Times business news - September 2

ReutersSep 2, 2025 6:16 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.

- More than 445,000 federal employees saw their union protections disappear in August, as agencies moved to comply with an executive order U.S. President Donald Trump signed earlier this year that called for ignoring collective bargaining contracts with nearly one million workers.

- The Trump family's cryptocurrency venture, known as World Liberty Financial, had a tepid first day of open-market trading on Monday, surging in value initially before losing most of those gains.

- Nestlé NESN.S has dismissed its chief executive, Laurent Freixe, over an undisclosed relationship with a subordinate, a breach of the company's code of conduct.

- A plane carrying European Commission President Ursula von der Leyen suffered from jamming of GPS navigation while flying over Bulgaria, and Bulgarian authorities believe that Russia was behind the operation, her organization said on Monday.

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