PRESS DIGEST- New York Times business news - June 2
July 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.
* Any new bailout deal between Greece and its creditors is likely to include harsher austerity measures based on an increasingly grim economic outlook, analysts said. (nyti.ms/1f3wmWS)
* Puerto Rico's power authority, which supplies electricity to the island's 3.6 million people, made a $415 million debt payment that was due Wednesday after reaching a deal with its bond insurers to borrow more money. (nyti.ms/1f3yvSs)
* The Justice Department moved on Wednesday to block General Electric Co's plan to sell its famed home appliances division to Electrolux AB of Sweden, as federal regulators again showed a willingness to assert their antitrust oversight. (nyti.ms/1FTrMiM)
* Ace Ltd's agreement to buy Chubb Corp, one of the best-known names in the property insurance business, brought talk that more consolidation is in store for the sector. It is being led by Ace's chief executive, Evan Greenberg, scion of a famous insurance family - one known for growing through serial deal-making. (nyti.ms/1HuWlRA) Continuación...