PRESS DIGEST-New York Times business news - July 6
July 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.
- The Trump administration is scrapping over three dozen gun laws, removing a crackdown on illegal sales, and restoring gun rights to some people with mental illness, with the Bureau of Alcohol, Tobacco, Firearms and Explosives mirroring the demands made by gun owners and manufacturers.
-FIFA reversed the suspension of Folarin Balogun from the United States soccer team on Sunday after U.S. President Donald Trump asked FIFA president Gianni Infantino to review the red card-induced suspension, with Balogun becoming eligible to play on Monday against Belgium.
-Russian ballistic missiles hit the Ukrainian capital of Kyiv early on Monday, after Ukrainian President Volodymyr Zelensky warned about 'a new massive strike', and Kyiv's military administration reported at least seven people had been killed and at least two dozen were wounded.
-OPEC+ agreed to a modest increase in output targets from August, continuing its monthslong pledges to step up global supply amid extreme volatility in the energy markets and the Middle East.
-The U.S. Navy on Sunday suspended the search for a crew member who has been missing since a MH-60 Sea Hawk helicopter crashed into the Arabian Sea on Wednesday.
