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PRESS DIGEST- New York Times business news - Feb 25

ReutersFeb 25, 2025 5:14 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.

- Apple AAPL.O said on Monday that it planned to invest $500 billion in the United States over the next four years including opening a factory in Texas for artificial intelligence servers and adding about 20,000 research and development jobs across the country.

- Starbucks SBUX.O CEO Brian Niccol said in a letter to workers on Monday that the company would be laying off 1,100 corporate employees as part of the coffee chain's turnaround efforts amid falling sales.

- The New York attorney general’s office said on Monday that U.S food delivery firm DoorDash DASH.O will pay $16.8 million in restitution to its workers.

- Delta Air Lines DAL.N and federal officials said on Monday that Flight 876, a Boeing BA.N 717 aircraft, made an emergency landing at the Hartsfield-Jackson Atlanta International Airport on Monday morning after the crew reported “possible smoke” inside the aircraft.

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