PRESS DIGEST- New York Times business news - Feb 3

Mon Feb 3, 2014 2:27am EST
 
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Feb 3 (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.

* Not only could competitors in China cut into its potential market share there, but Imax Corp has charged in several courts that the Chinese system relies on technology that was blatantly stolen from its offices in Canada. ()

* Growth in China's service sector slowed to a five-year low in January, an official survey showed Monday, another sign of stuttering momentum that could deepen investors' concerns about emerging markets around the world. ()

* After disclosures about credit and debit card breaches at several major retailers, some shoppers are making the effort to use cash in lieu of cards. ()

* Steven Cohen's 22-year-old hedge fund, SAC Capital Advisors, is completing plans to change its name and its corporate structure by mid-March, according to people briefed on the matter. ()   Continued...