PRESS DIGEST-New York Times business news - July 10

Wed Jul 10, 2013 1:39am EDT
 
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July 10 (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.

* Barnes & Noble Inc, United States's only major bookstore chain, has no clear path forward, reviving fears among publishers, authors and agents about its future. Barnes & Noble executives have acknowledged one fact: the digital business that was to be the centerpiece of its growth strategy must be retooled. ()

* Kroger Co bought supermarket chain Harris Teeter , citing potential for growth. The acquisition of the rival grocer will help Kroger expand in the Southeast and mid-Atlantic region. ()

* The Federal Deposit Insurance Corp, along with the Federal Reserve and the Office of the Comptroller of the Currency, proposed stricter banking rules that aim for simplicity. ()   Continued...