BC-APFN-Business News Digest
Here are AP Business News’ latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan at newsroom.ap.org.
CHINA-US-TRADE — The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakthrough despite scant details, a hazy timetable and widespread skepticism that Beijing will yield to U.S. demands anytime soon. By Christopher Rugaber and Blake Nicholson. SENT: 1,150 words, photos.
CHINA-LUXURY SHOPPING CHILL — The designer boutiques of Manhattan and Paris are feeling the chill of a Chinese economic slowdown that has hammered automakers and other industries. That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90 billion a year on jewelry, clothes and other high-end goods. By Joe McDonald. SENT: 930 words, photos.
FINANCIAL MARKETS — U.S. stocks declined in morning trading, giving up much of the market’s gain from a day earlier. Losses in banks, technology stocks and industrial companies outweighed gains elsewhere in the market. Homebuilders slumped on renewed concerns that the outlook for home sales is dimming. Smaller-company stocks fell more than the rest of the market. Bond prices rose, sending yields sharply lower. By Alex Veiga. SENT: 570 words, photos. UPCOMING: 700 words by 5 p.m.
OPEC-OIL PRICES — A rally in oil prices after a two-month slide indicates traders are betting that OPEC and its allies including Russia will agree to produce less crude. By David Koenig. SENT: 840 words, photo.
SPANISH BOOKS-MOM STARTUPS — Small companies are stepping in to fill pent-up demand for Spanish-language books in the U.S., which the traditional publishing industry has addressed in fits and starts. Among them are an entertainment company, an independent publisher and Los Angeles bookstore launched by three different pairs of Hispanic mothers who were disappointed by the selection of books to read to their children in Spanish. By Alexandra Olson. SENT: 1,050 words, photos.
PASS IT ON-ENCANTOS MEDIA — Susie Jaramillo and Nuria Santamaria Wolfe, co-founders of a studio that created a Hispanic-inspired nursery series now on Nickelodeon, share insights on leveraging culture to create global brands. By Alexandra Olson. SENT: 350 words, photo.
BREXIT —The British government received a historic rebuke from lawmakers on Tuesday over its Brexit plans — an inauspicious sign for Prime Minister Theresa May as she opened an epic debate in Parliament that will decide the fate of her divorce deal with the European Union. By Jill Lawless and Raf Casert. SENT: 820 words, photos.
BREXIT-PLAN B — British Prime Minister Theresa May looks to be on a collision course with Parliament over her Brexit plan. Here’s a look at what might happen if lawmakers vote down her deal. By Jill Lawless. SENT: 880 words, photos.
ALTRIA-MARIJUANA — The potential entry of one of the world’s largest tobacco companies into the marijuana business is sending the shares of a Canadian cannabis company higher before the opening bell. SENT: 280 words, photos.
SPE--WEDDINGS-ZERO-WASTE — As environmental awareness grows, many couples are saying “I do” to Zero-Waste weddings, stressing sustainability for everything from floral design and dresses to invitations and food. The key to success, experts say, is letting wedding planners, vendors and venues know from the start that you’re serious about going Zero Waste, and then being flexible. By Katherine Roth. UPCOMING: 700 words by 3 p.m., photos.
SPE--WEDDINGS-REGISTRIES — Wedding registries have expanded beyond the checkout carts at stores. Many couples are forgoing formal dinnerware and household goods and asking instead for help paying for experiences and other significant purchases. By Melissa Kossler Dutton. SENT: 880 words, photos.
— The AP Weddings Special Edition is moving today on the Lifestyles wire for use anytime. All stories are accompanied by photos. Slugs begin BC-US-SPE--Weddings-.
BEEF RECALL — More U.S. beef is being recalled because it may be contaminated with salmonella. SENT: 140 words.
TECHNOLOGY & MEDIA:
AUTOPILOT-DUI ARREST — The California Highway Patrol says it may have used the Autopilot system of a Tesla to stop the car after its driver fell asleep. SENT: 130 words.
EGYPT-UBER —Uber launches a new minibus service in traffic-mad Cairo, Egypt’s capital and one of the U.S. ride-sharing giant’s fastest-growing markets. By Brian Rohan. SENT: 400 words, photos.
NERDWALLET-MILLENNIAL MONEY-ALTERNATIVE CREDIT CARD — Millennials with no credit might qualify for an alternative credit card issued by a startup company. By Melissa Lambarena. SENT: 830 words, photo.
FRANCE-PROTESTS — The French government’s decision to suspend fuel tax and utility hikes did little to appease protesters, who called it a “first step” and vowed to fight on after large-scale rioting in Paris last weekend. By Samuel Petrequin. SENT: 640 words, photos.
PORTUGAL-CHINA — While some powerful European Union governments are uneasy about China possibly taking more control of the bloc’s critical energy and transport infrastructure, one of western Europe’s smallest economies is grabbing the opportunity with both hands. By Barry Hatton. SENT: 770 words, photos.
ISRAEL-DIAMOND DRAMA — A shadowy Israeli billionaire who made his fortune in the insular world of diamonds has suddenly found his empire in jeopardy after close associates were busted in a massive smuggling ring and an employee mysteriously plummeted to her death from his high-rise Tel Aviv office building. By Aron Heller. SENT: 950 words, photo.
JAPAN-SOUTH KOREA-FORCED LABOR — Lawyers for Korean wartime forced laborers have demanded that a Japanese steelmaker respond to their request to discuss compensation, warning they’ll otherwise take steps to freeze its assets in their country. By Mari Yamaguchi. SENT: 600 words, photos.
SOUTH AFRICA-POWER CUTS — South Africa’s troubled power utility on Tuesday implemented power cuts nationwide, intensifying concern about growth in one of Africa’s biggest economies even as the country announced it has emerged from recession. By Christopher Torchia. SENT: 460 words, photo.
CLIMATE — Negotiators at the U.N. climate talks got down to the nitty-gritty task Tuesday of finalizing the rules for the Paris accord, a landmark agreement by countries three years ago to curb global warming. By Frank Jordan. SENT: 450 words, photos.
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