Business

Business briefs

Steady state

New York City’s sea sonally adjusted unem ployment rate held steady at 8.6 percent in May, the state Labor Department said.

Levi’s leader

Levi Strauss named Procter & Gamble ex ecutive Charles V. Bergh as its new leader following current chief John Anderson’s deci sion to retire after 32 years with the jeans maker.

LGA slots

In a filing, JetBlue Air ways urged federal reg ulators to auction flight slots at New York’s La Guardia and Washing ton’s Reagan airports that will be shed by Delta and US Airways to boost competition.

Morse move

Andrew Morse, exec utive producer of inno vation and integration for ABC News Digital, has been named head of Bloomberg Television in the US.

Prada HK IPO

Italian fashion house Prada pulled out all the stops during meetings with investors for its Hong Kong IPO, which raised about $2.14 bil lion, but reduced risk appetite weighed on the deal’s pricing.