February 6, 2018 / 6:49 AM / 8 months ago

PRESS DIGEST- New York Times business news - Feb 6

Feb 6 (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.

- Broadcom Ltd on Monday raised its takeover bid for the rival chipmaker Qualcomm Inc to about $121 billion, piling pressure on Qualcomm to agree to what would be the technology industry's biggest-ever takeover. (nyti.ms/2E45suw)

- Laurent Potdevin, the chief executive of Lululemon Athletica Inc, resigned because of behavior that fell short of the athletic apparel maker's standards of conduct, the company said on Monday. (nyti.ms/2satyCh)

- Hudson's Bay Co on Monday named Helena Foulkes as its chief executive, in an effort to transform its struggling department store business. (nyti.ms/2BFyO4R)

- Samsung Group heir Lee Jae-yong left a South Korean jail as a free man on Monday, after an appeals court suspended his sentence. (nyti.ms/2nN2NhZ)

Compiled by Bengaluru newsroom

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