May 2, 2018 / 4:47 AM / 2 years ago

PRESS DIGEST- New York Times business news - May 2

May 2 (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.

- Xerox Corp said on Tuesday that its Chief Executive Jeff Jacobson, Chairman Robert Keegan, and several board members would step down to settle a suit brought by activist shareholders who had opposed a $6.1 billion deal with Japan's Fujifilm Holdings Corp. (

- The Weinstein Company on Tuesday named Dallas private equity firm Lantern Capital Partners as the winning bidder in its bankruptcy sale, spurning an offer by the Broadway producer Howard Kagan. (

- Inc announced a significant expansion of its offices in Boston and Vancouver, British Columbia, planning for a total of 5,000 new tech jobs. (

- Snapchat's parent company, Snap Inc, on Tuesday said it would redesign parts of the app's redesign after the overhaul had dragged down its business. ( (Compiled by Bengaluru newsroom)

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