PRESS DIGEST- New York Times business news - Sept 13

Tue Sep 13, 2016 12:28am EDT
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Sept 13 (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 Saudi national oil company, Saudi Aramco, aims to strengthen its position on the Gulf of Mexico coast by buying a large oil refinery in the Houston Ship Channel that LyondellBasell is putting up for sale.

- Lael Brainard, a Federal Reserve governor and a leading proponent of the Fed's efforts to stimulate the economy, said in a speech on Monday that she still favored "prudence" in raising interest rates despite recent signs of economic progress.

- Apple plans to release a free coding education app on Tuesday that it developed with middle-school students in mind, in the latest salvo among technology companies to gain share in the education market and to nurture early product loyalty among children.

- Two of the world's largest crop fertilizer makers have agreed to combine in the latest farming industry deal. Agrium and the Potash Corporation of Saskatchewan announced their all-stock merger on Monday after weeks of speculation.   Continued...