Reuters: Regulatory News: PRESS DIGEST- New York Times business news - Oct 22

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PRESS DIGEST- New York Times business news - Oct 22 Oct 22nd 2013, 04:27 Share this Email Print Reprints Tue Oct 22, 2013 12:27am EDT Oct 22 (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. * After a court suit from Macy's claimed an exclusive contract with Martha Stewart, J.C. Penney scaled back its Stewart line as a court deadline appeared near.() * With gargantuan revenue - expected to hit $75 billion this year - Amazon's recent profits have been slim to nonexistent. In its quest to become the world's bazaar, are earnings beside the point? () * Michael Evans, Goldman Sachs' global head of growth markets, who had been thought to be a possible successor to Chief Executive Lloyd Blankfein, plans to retire. () * Alaska's salmon fishing industry essentially declared victory last week in a bitter dispute with the Marine Stewardship Council over sustainability certification, a fight that involved Walmart. () * A panel of European Union lawmakers on Monday night backed a measure that could require American companies like Google and Yahoo to seek clearance from European officials before complying with United States warrants seeking private data. () * Both the New York Stock Exchange and the Nasdaq stock market have said they would accept what Alibaba calls a partnership governance structure, in which its founders and top executives would nominate a majority of board members. () * The parent of Madame Tussaud's and a clean energy business backed by the financier Guy Hands each said on Monday that they planned to go public on the London Stock Exchange, as their private equity owners seek to begin cashing out of their investments. () * Zhang Zhirong, a Chinese industrialist who was involved in an insider trading case in the United States last year, may make a takeover bid for Glorious Property Holdings, a Hong Kong developer in which he owns a majority stake. () * McDonald's warned on Monday that global sales at established restaurants would be relatively flat in October and signaled that weakness would continue in the fourth quarter because of stiff competition and a halting economic recovery, putting pressure on the company's Chief Executive, Donald Thompson. () Link this Share this Digg this Email Reprints

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