BC-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.
FEDERAL RESERVE _ The message the Federal Reserve is poised to send this week when its latest policy meeting ends is a soothing one: Patience. A focus on the latest economic data. And no interest rate hikes likely soon. It reflects an abrupt shift in tone since the start of the year in the face of a slowdown in the United States and abroad, persistently tame inflation and a nervous stock market. The shift toward a more hands-off Fed has pleased investors and encouraged the view that the central bank is done raising rates for now and might even act soon to support rather than restrain the economy. By Martin Crutsinger. UPCOMING: About 900 words by noon, photos.
LAST BLOCKBUSTER _ A Blockbuster Video in Bend, Oregon, is the last one on the planet after the only other Blockbuster, an Australia store, announced it’s closing on March 31. By Gillian Flaccus. SENT: 980 words, photos.
_ LAST BLOCKBUSTER-PHOTO GALLERY
MARKETS & ECONOMY:
FINANCIAL MARKETS _ U.S. stock indexes drift upward at the start of a busy week for markets, and the S&P 500 inched back within a few good days of its record high set last autumn. By Stan Choe. SENT: 570 words, photos. UPCOMING: Will be updated through trading, about 700 words, photos.
TRUMP-GENERAL MOTORS _ President Donald Trump is escalating his pressure on General Motors, as he calls for the company to reopen an Ohio manufacturing plant. SENT: 130 words.
GERMANY-BANK MERGER _ Shares in Deutsche Bank and Commerzbank rise after the two said they were in merger talks, but that didn’t stop people from questioning what a merger would accomplish. By David McHugh And Geir Moulson. SENT: 510 words, photos.
DRUG PRICES-LOBBYING _ As Congress and the Trump administration aim to curb spiraling drug costs, outside groups like the Alliance for Patient Access are raising their voices as they seek to sway the outcome. By Richard Lardner. SENT: 1,200 words, photos.
TECHNOLOGY & MEDIA:
LYFT-IPO _ Lyft officially kicked off the road show for its initial public offering with 30 million shares expected to sell for between $62 and $68 per share. SENT: 310 words, photo.
FIS-WORDPLAY _ Fidelity National Information Services is buying Worldpay for about $35 billion as financial transactions increasingly move online. SENT: 330 words.
APPLE-NEW IPADS _ Apple has unveiled a new iPad that’s thinner and slightly larger than its current entry-level tablet. SENT: 130 words, photo.
FACEBOOK-LOCAL NEWS _ Facebook’s effort to establish a service that provides its users with local news and information is being hindered by the lack of outlets where the company’s technicians can find original reporting. By David Bauder. SENT: 400 words, photo.
NERDWALLET-LIZ WESTON-MONEY ADVICE STICKS _ Money advice can be hard to deliver and hard to receive. If you’re tempted to give advice, first make sure it’s wanted. Then, be mindful of what you say and how you say it. By Liz Weston of NerdWallet. SENT: 720 words, photo.
BREXIT _ British Prime Minister Theresa May is making a last-minute push to win support for her European Union divorce deal, warning opponents that failure to approve it would mean a long — and possibly indefinite — delay to Brexit. By Jill Lawless and Lorne Cook. SENT: 750 words, photos.
INDONESIA-SUBWAY _ Commuting in Indonesia’s gridlocked capital will for some involve less frustration, sweat and fumes when its first subway line opens later this month. By Niniek Karmini and Stephen Wright. SENT: 700 words, photos.
NEW ZEALAND-MOSQUE SHOOTING-GUN CONTROL _ The New Zealand leader’s promise of tightened gun laws in the wake of the Christchurch mosque shootings has been widely welcomed by a stunned population. Prime Minister Jacinta Ardern said her Cabinet will consider the details of the changes on Monday. By Stephen Wright and Kristen Gelineau. SENT: 570 words, photos.
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