PRESS DIGEST- New York Times business news - June 3
June 3 (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.
- CBS News has terminated the contract of "60 Minutes" correspondent Scott Pelley.
- U.S. President Donald Trump signed an executive order that directs the departments of Treasury, Defense, Commerce and Homeland Security, plus other government officials and agencies, to secure agreements with AI developers to test their models.
- The Trump administration is dismantling a $368 million deep-ocean observation system that was put in place a decade ago to monitor coastal environments, marine ecosystems and powerful currents that affect the global climate.
- The Trump administration is abandoning the president's $1.8 billion "weaponization" fund, U.S. Acting Attorney General Todd Blanche told lawmakers, after a rare backlash from Republican senators.
