PRESS DIGEST- New York Times business news - July 14
July 14 (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.
* Roughly 350 creditors were told they would have to wait several weeks until a working group of Puerto Rico leaders formed recommendations for resolving the island's fiscal crisis. (nyti.ms/1MqAJpd)
* Despite the tentative bailout deal, the European Central Bank, which has been keeping Greek banks propped up for months with emergency loans, declined on Monday to provide additional cash. (nyti.ms/1MqCeDY)
* Over the last month, trillions of dollars of value were wiped from the Chinese domestic market as stocks plunged by more than a third. The Chinese government stepped in, issuing a series of increasingly aggressive moves to prop up the market. Hedge funds are now reassessing their positions and questioning the role of the government in China's stock market. (nyti.ms/1M7tF3Y)
* U.S. fantasy sports startup FanDuel plans to announce on Tuesday that it has raised $275 million in a new round of financing, bringing its total haul from investors to $363 million. (nyti.ms/1M7tKEB) Continuación...