PRESS DIGEST- New York Times business news - Nov 15

Reuters11-15

PRESS DIGEST- New York Times business news - Nov 15

Nov 15 (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-elect Donald Trump said on Thursday he has selected Robert F. Kennedy Jr. to lead the Department of Health and Human Services, the United States' top health agency.

- Fed Chair Jerome Powell said that a solid economy with low unemployment, robust consumer spending, and strengthening business investment gave the central bank room to take its time in cutting interest rates.

- Ford Motor F.N will pay a fine of up to $165 million for not recalling cars with defective rearview cameras in a timely manner, the federal government's auto safety agency said on Thursday.

- Tapestry TPR.N is terminating its $8.5 billion deal to buy Michael Kors-owner Capri CPRI.N following a legal hurdle, ending its effort to create a U.S. luxury giant to compete with major European players.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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