PRESS DIGEST-New York Times business news - October 1

Oct 1 - 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.

- Pfizer PFE.N and President Donald Trump on Tuesday said they had cut a deal in which the U.S.-based drugmaker agreed to lower prescription drug prices in the Medicaid program to what it charges in other developed countries in exchange for tariff relief.

- The U.S. Federal Reserve announced on Tuesday it had agreed to reduce how much capital Morgan Stanley MS.N must hold as a result of its most recent "stress test" results, lowering the required buffer from 5.1% to 4.3% for the upcoming year.

- The Trump administration has withdrawn its nomination of conservative economist E.J. Antoni as head of the Bureau of Labor Statistics, the White House said on Tuesday.

- U.S. President Donald Trump said on Tuesday that his administration was close to a deal with Harvard University that would include a $500 million payment by the Ivy League institution, after months of negotiations over school policies.