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BC-Business News Preview

September 19, 2018

Among the stories Wednesday from The Associated Press:


US-CHINA-TARIFFS — China’s No. 2 leader appeals for support for free trade and promised to improve conditions for foreign companies following tit-for-tat U.S. and Chinese tariff hikes in a battle over Beijing’s technology policy. By Joe McDonald. SENT: 830 words, photos.


TRADE-CHINA TARIFFS-WHAT WAY OUT? — How does this end? In imposing its latest round of tariffs on China, the Trump administration has demanded that Beijing stop pressuring U.S. companies to hand over trade secrets in return for access to the Chinese market and stop engaging in cyber-theft. Problem is, even if Beijing agreed to meet those demands, it would require a long-term task of huge complexity that would be difficult for Beijing to achieve and for Washington to verify. By Paul Wiseman. Upcoming: 850 words by 3 p.m.

BREXIT-WHAT’S IN A NAME? — The impending British exit from the EU is throwing Portugal’s 50-million-euros worth of exports there into doubt. That’s because London conspicuously isn’t saying whether after leaving the EU next year it will keep the bloc’s name protection rules, which also cover products such as Italian Parma ham, French Champagne and Greek feta cheese. By Barry Hatton. SENT: 1,140 words, photos.


BREXIT-THE LATEST — Running updates.


BRITAIN-ECONOMY — Official figures show that inflation in Britain unexpectedly rose in August to a six-month high as clothing and transport costs rose sharply. SENT: 120 words.

SMALLBIZ-SMALL TALK-5 THINGS TO KNOW ABOUT DISASTER RECOVERY — Many small business owners whose companies were hit by Hurricane Florence are embarking on an uncertain path to recovery. From getting the business up and running — even on a limited basis — to applying for a disaster loan, here are some things owners need to know. By Joyce M. Rosenberg. UPCOMING: 900 words by 1 p.m., photos.

ON THE MONEY-FLU SHOTS — It’s flu shot season, but the pinch of a shot doesn’t have to also hurt your wallet. By Mike Stobbe. UPCOMING: 625 words by 11 a.m., photos.


FINANCIAL MARKETS — Stocks are opening higher on Wall Street as the market builds on a solid gain from the day before, which came despite the latest ramp-up in trade tensions between the U.S. and China. SENT: 300 words, photos. UPCOMING: 700 words by 5 p.m.

HOME CONSTRUCTION — U.S. home construction rebounded in August at the fastest pace in seven months but applications for new building permits plunged, sending mixed signals for an industry that has been struggling with rising lumber costs. By Martin Crutsinger. SENT: 310 words, photo.

ELECTION 2018-TAX OVERHAUL-HOUSE RACES — One provision of the Republican tax overhaul looms large in several tight congressional races this fall, especially in California and New Jersey. By Geoff Mulvihill and Bill Barrow. SENT: 1,300 words, photos.


EUROPE-MCDONALD’S TAX — The European Union rules that Luxembourg did not give the U.S. fast food giant McDonald’s a special sweet tax deal and that the non-taxation of some of its profits did not amount to illegal state aid. By Raf Casert. SENT: 420 words, photos.

DENMARK-BANKING-RUSSIA — The chief executive of Denmark’s largest bank resigned Wednesday after an internal report into allegations of massive money laundering via an Estonian subsidiary showed that “the vast majority” of transactions were deemed to be “suspicious.” By Jan M. Olsen. SENT: 530 words.

BOURBON RESTORATION PROJECT — The whiskey quit flowing decades ago from a landmark Kentucky distillery housed in a picturesque castle. Nearly a half-century of neglect reduced the one-time tourist draw to a decaying relic. Now, two newcomers to the whiskey business have resurrected the Old Taylor distillery and renamed it. By Bruce Schreiner. SENT: 880 words, photos.

GREENPEACE-FORESTS — Greenpeace says global consumer brands continue to buy palm oil from companies that are cutting down Indonesia’s rainforests despite repeated pledges to clean up their supply chains. SENT: 400 words.


GERMANY-ELECTRIC CARS — Germans are beginning to embrace electric cars, with experts predicting the country will have a million hybrid or battery-electric vehicles on the road by 2022. SENT: 140 words.

AUTONATION-CEO — Mike Jackson is stepping down after almost two decades leading AutoNation, the nation’s largest dealership chain. SENT: 140 words, photo.

BEHIND THE WHEEL-SAFETY TECH TRENDS — Edmunds highlights the newest safety, technology and luxury features to appear on vehicles in 2019. By Mark Takahashi. SENT: 940 words, photos.


BRITAIN-CRYPTOCURRENCIES — British lawmakers are urging regulation for cryptocurrencies such as bitcoin in a report that describes the current situation as the “Wild West.” By Kelvin Chan. SENT: 620 words, photos.

ESPORTS-RIOT-SPONSOR AMID SEXISM CLAIMS — Esports giant Riot Games is adding its first global sponsor, even as the company behind League of Legends contends with backlash over claims it has fostered a sexist culture. By Jake Seiner. SENT: 750 words, photos.

PALESTINIANS-SMART SCHOOLS — Palestinians try to shake up stodgy education system, hoping use of technology and arts will create new opportunities for the region, where more than half of new college graduates are unemployed. By Mohammed Daraghmeh. SENT: 1,150 words, photos.

BUCCANEERS-WINSTON SUSPENDED — A female Uber driver in Arizona is suing Tampa Bay Buccaneers quarterback Jameis Winston, accusing him of sexual assault. SENT: 520 words, photo.


EARNS-QATAR AIRWAYS — Qatar Airways suffered a $69 million loss this fiscal year, an over $800 million swing from the year before that the long-haul carrier blamed on the ongoing boycott of Doha by four Arab nations. By Jon Gambrell. SENT: 390 words, photos.


TURKEY-WORKERS ARRESTED — A construction workers union says 24 of its members have been detained in the aftermath of protests denouncing poor working conditions at Istanbul’s new airport. SENT: 130 words.

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