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PRESS DIGEST-New York Times business news - Aug 15

ReutersAug 15, 2025 4:40 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.

- Phil Knight, a co-founder of shoemaker Nike, and his wife, Penny Knight, will give $2 billion to the cancer research center at Oregon Health & Science University in the United States.

- U.S. Public Broadcasting Service (PBS) is cutting its current budget by more than a fifth to deal with Congress's recent decision to eliminate roughly $500 million in federal funding from public TV and radio, according to a memo from the organization's chief executive, Paula Kerger.

- The U.S. Department of Health and Human Services resurrected a long-dormant task force on childhood vaccines on Thursday, another step in the Trump administration's efforts to scrutinize the shots that American children receive.

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