PRESS DIGEST- New York Times business news - Feb 7

Reuters
·1 min read

Feb 7 (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.

- Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of preferred stock and warrants in a last-ditch effort to stave off bankruptcy.

- Vox Media, owner of publications including New York Magazine and tech site The Verge, is raising $100 million from Penske Media, the owner of a swath of entertainment and trade publications including Rolling Stone and Variety

- Private equity firm Carlyle Group Inc on Monday named former Goldman Sachs Inc finance head Harvey Schwartz as its chief executive officer, effective Feb. 15.

- In a show of confidence that strengthens the Rothschild family's grip on its Paris-listed investment bank, the financial dynasty said on Monday it plans to take Rothschild & Co private. (Compiled by Bengaluru newsroom)