PRESS DIGEST- New York Times business news - Jan 16

Fri Jan 16, 2015 1:05am EST
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Jan 16 (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 Organization of the Petroleum Exporting Countries issued a report on Thursday that downgraded demand for its crude for 2015, while also predicting slower oil-production growth in the United States. (

* UBS AG has agreed to pay $14.5 million to settle accusations by the Securities and Exchange Commission that a subsidiary violated federal securities laws in its operation of a private stock trading system known as a dark pool. (

* The casino operator Caesars Entertainment Corp was locked in a bitter standoff with some creditors on Thursday after it put its largest unit into bankruptcy. (

* Foreign currency traders around the world are coming under pressure following the Switzerland central bank's surprise decision on Thursday to remove the cap on its currency. (   Continued...