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PRESS DIGEST-New York Times business news - July 23

ReutersJul 23, 2025 5:43 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.

- AstraZeneca AZN.L pledged $50 billion in U.S. investments by 2030 to counter U.S. President Donald Trump's threatened 200% tariff on imported drugs.

- The estate of British tech tycoon Mike Lynch and his former business partner must pay Hewlett Packard Enterprise HPE.N more than 700 million pounds ($947.03 million) over the 2011 sale of their British software firm Autonomy.

- Edith Chapin, National Public Radio's (NPR) editor-in-chief and acting chief content officer, will step down later this year, days after Congress cut $500 million in funding for the Corporation for Public Broadcasting.

- Donald Trump said he finalized a trade deal with the Philippines, imposing a 19% tariff on its exports to the U.S. while eliminating tariffs on American goods.

($1 = 0.7392 pounds)

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