Press Digest: New York Times business news - March 19

Joann

19/03/2024 07:32

March 19 (Reuters) - 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 Bank of Japan (BOJ) ended eight years of negative
interest rates and other remnants of its unorthodox policy on
Tuesday, in a historic shift to stimulate an economy that has
long struggled to grow.
    
    - Joann  JOAN.O , the arts-and-crafts retailer that has
operated for more than 80 years, has filed for bankruptcy as
consumers pare back on D.I.Y. projects, leaving the company with
mounting debt.
    
    - The owner of Sports Illustrated said it had chosen a new
company to publish the magazine, a deal that could settle some
of the recent friction at the storied publication and continue
the print edition.
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))