New York Times business news - Aug 16



Aug 16 (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.

- About 70 HBO Max staff members were laid off on Monday, job cuts that are part of a wider reorganization at the cable channel's parent company, Warner Bros. Discovery WBD.O . Link

- WeWork WE.N founder Adam Neumann is starting a new company called Flow, focused on the residential real estate market. Notably, it has the financial support of venture capital firm Andreessen Horowitz. Link

- Third Point, an activist investment firm, has bought a new stake in Disney DIS.N . The firm is pushing Disney to make numerous changes, like spinning off ESPN, taking full control of Hulu and installing new board members. Link

- Walmart WMT.N said on Monday that it had reached an agreement to include the Paramount+ streaming service in its Walmart+ membership package. Link

(Compiled by Bengaluru newsroom)

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