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.