New York Times business news - Aug 9

New York Times business news - Aug 9

Aug 9 (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 U.S. Treasury Department on Monday prohibited Americans from using the cryptocurrency platform Tornado Cash, saying the service has helped criminals launder more than $7 billion of virtual currencies. Link

- Digital media company Axios said it had agreed to sell itself to Cox Enterprises. Link

- Japanese conglomerate SoftBank Group Corp 9984.T reported on Monday its largest-ever quarterly loss of $23.4 billion, driven by poor performance of its flagship tech investments and a weak yen. Link

(Compiled by Bengaluru newsroom)