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PRESS DIGEST- New York Times business news - August 5

ReutersAug 5, 2025 8:33 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.

- Switzerland's government said it will offer the U.S. a "more attractive" trade proposal to avoid a 39% tariff set to take effect this week, denying any prior indication of being targeted by President Trump.

- Lyft LYFT.O will deploy Baidu's 9888.HK Apollo Go self-driving electric cars in Britain and Germany starting in 2026, pending regulatory approval.

- Amazon AMZN.O is restructuring its Wondery podcast studio, cutting about 100 jobs and shifting narrative podcasts to Audible while moving creator-led shows to a new creator services unit.

- Tensions between the National Transportation Safety Board and the Federal Aviation Administration escalated during recent public hearings over the investigation into a fatal January midair collision between an Army helicopter and a passenger jet.

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