PRESS DIGEST-New York Times business news - April 10

Reuters04-10

April 10 (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.

- The House of Representatives on Wednesday approved resolutions striking down a $5 cap on most bank overdraft fees and overturning a rule that would have given a federal regulator greater oversight powers over payment apps run by large technology companies.

- Beijing on Wednesday aimed the latest blow in the escalating trade war between the United States and China, by raising new tariffs on all American imports by 84%.

- Upstart razor company Harry's HARY.CD plans to announce that it is rebranding as Mammoth Brands, a personal grooming conglomerate, as it sets its sights on deal-making — and, potentially, an initial public offering.

- NASA will prioritize sending American astronauts to Mars, President Trump's nominee, Jared Isaacman to lead the space agency told a Senate committee on Wednesday.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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