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PRESS DIGEST-New York Times business news - Sept 27

Published 2017-09-27, 12:49 a/m
© Reuters.  PRESS DIGEST-New York Times business news - Sept 27
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Sept 27 (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.

- Twitter Inc (NYSE:TWTR) TWTR.N said on Tuesday that it would test extending the text limit of a post on its service to 280 characters, to eliminate what it viewed as constraints that kept people from tweeting more frequently.

German industrial giant Siemens AG SIEGn.DE plans to merge its rail business with the French train equipment maker Alstom SA ALSO.PA , the companies said Tuesday.

Uber Technologies Inc UBER.UL said it would stop service in Montreal and the Quebec province next month rather than accept new government rules, the second setback in a week for the ride-hailing service's international operations.

Janet Yellen, the Federal Reserve chairwoman, said the U.S. Fed plans to keep raising its benchmark interest rate despite the weakness of inflation.

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