PRESS DIGEST- New York Times business news - June 18

ReutersJun 18, 2025 5:35 AM

June 18 (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.

- U.S. President Donald Trump intends to again extend the deadline for when TikTok must be separated from its Chinese owner, ByteDance, or face a ban in the United States, its third reprieve this year.

- U.S. credit card issuer JPMorgan Chase & Co JPM.N raised the annual fee for its Chase Sapphire Reserve card to $795 from $550, which surpasses annual fees for other premium travel cards from companies like Ame

rican Express AXP.N.

- Ketchup maker Kraft Heinz KHC.O said it would not launch products with artificial colors in the United States effective immediately, and would aim to eliminate synthetic dyes from existing items by the end of 2027.

- Two toy manufacturers, Learning Resources and hand2mind, challenging a major piece of U.S. President Trump's tariffs program asked the Supreme Court to expedite their case and rule that Congress had not authorized the levies.

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