BC-APFN-Business News Preview
Among the stories Monday from The Associated Press:
CHINA-MANUFACTURING — China’s factory activity weakened further in December, an official survey showed Monday, boosting pressure on Beijing to reverse an economic slowdown as it heads into trade talks with Washington. By Joe McDonald. SENT: 410 words, photos. UPCOMING: Will be expanded.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks are snapping higher in early trading on Wall Street on the last day of a volatile year as hopes grew for progress in resolving trade frictions between the U.S. and China. SENT: 580 words, photos. UPCOMING: 700 words by 5 p.m.
JAPAN-NISSAN-GHOSN — Former Nissan chairman Carlos Ghosn will be detained at least through Jan. 11, the Tokyo District Court said Monday, as the once revered auto industry figure faces allegations that have marked a stunning downfall. By Yuri Kageyama. SENT: 630 words, photos.
MICHAEL KORS-CAPRI-NAME CHANGE — Having adding a pair of high-end brands to its stable, Michael Kors is changing its name to Capri. SENT: 190 words, photo.
HEALTH OVERHAUL-LAWSUIT — A federal judge in Texas who recently declared the Affordable Care Act unconstitutional has stayed his ruling to allow for appeals. That means “Obamacare” remains in effect while litigation continues. SENT: 130 words.
SMALLBIZ-GET STARTED — While many business owners know they’ll owe the government less money or perhaps get refunds under the new tax law, others are still unsure about what they might have to pay while they file their returns. By Joyce M. Rosenberg. UPCOMING: 440 words by 11 a.m.
NERDWALLET-WHAT TO BUY — The new year will bring plenty of opportunities to find deals on what you need. If you plan your shopping now, you can save money throughout the year. UPCOMING: 1,580 words, photo by 11 a.m.
BREXIT — The U.S. ambassador to Britain has cast doubts on whether a major bilateral trade deal can be reached if Parliament approves the Brexit proposal from Prime Minister Theresa May. SENT: 130 words.
YE--EUROPE’S YEAR — A look at the major events and challenges that will shape the coming year in the 28-country — soon to be 27 after Brexit — European Union. By David McHugh. SENT: 900 words, photos.