Here are AP Business News’ latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at newsroom.ap.org.
GROWING UP DIGITAL-TECH AND CAMP — With summer in full swing, thousands of kids at sleepaway camps around the U.S. are doing without their cell phones, laptops and iPads. So how’s it going? Camp directors, parents and kids themselves say it’s not as bad as some would think. By Leanne Italie. SENT: 850 words, photo.
TECH COMPANIES-FREE SPEECH —Social media bans of conspiracy theorist Alex Jones have thrust Facebook, YouTube, Twitter and others into a role they never wanted — as gatekeepers of public discourse who are going to anger lots of people no matter what they do. But they should have seen this coming as they built huge businesses by sweeping away existing gatekeepers while promising to protect their users from harassment and abuse. By Barbara Ortutay. SENT: 900 words, photos.
TURKEY-ECONOMY — A financial shockwave rips through Turkey, when its currency nosedives on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. By Suzan Fraser. SENT: 800 words, photos.
With: TURKEY-ECONOMY-Q&A — A look at why Turkey’s currency is tumbling and what it means for the country and the rest of the world. By David McHugh and Suzan Fraser. SENT: 800 words, photo.
MARKETS & ECONOMY:
FINANCIAL MARKETS — U.S. stocks are skidding after a sharp drop in Europe as investors worried about the financial stability of Turkey. By Marley Jay. SENT: 700 words, photos. Will be updated through the close of trading.
CONSUMER PRICES — Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy. By Josh Boak. SENT: 350 words, photos.
BUDGET DEFICIT — The Treasury Department releases federal budget data for April. By Josh Boak. UPCOMING: 130 words after release of report at 2 p.m., 250 words by 2:45 p.m.
RUSSIA-US-SANCTIONS — Russia’s prime minister sternly warns the United States against ramping up sanctions, saying that Moscow would retaliate with economic, political and unspecified “other” means. By Vladimir Isachenkov. SENT: 450 words, photos.
CONGRESS CORPORATE BOARDS — Congressman Chris Collins’ indictment on insider trading charges is drawing attention to the fact that members of Congress are not prohibited from serving on corporate boards as long as they don’t receive compensation for doing so. By Richard Lardner. SENT: 900 words, photos.
EUROPE RYANAIR STRIKE — Ryanair pilots in several European countries are staging a strike that has prompted the budget carrier to cancel 400 flights. SENT: 350 words, photos.
CHINA AUTO SALES — China’s auto sales shrank 5.3 percent in July from a year ago, adding to signs of economic malaise amid a tariff battle with Washington. By Joe McDonald. SENT: 350 words, photo.
BRITAIN ECONOMY — Britain’s economy accelerated in the second quarter as warmer weather fueled construction and consumer spending after snow and ice curtailed activity in March. By Danica Kirka. SENT: 350 words.
JAPAN ECONOMY — Japan reports its economy resumed its longtime expansion in the last quarter as consumers and businesses stepped up spending. SENT: 350 words, photos.
SKOREA NORTH KOREAN COAL — South Korea says a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. By Youkyung Lee. SENT: 450 words, photo.
MONEY & MARKETS SUMMARY:
Stock in Ruth’s Hospitality posted its biggest gain in five years after the owner of the Ruth’s Chris chain of steak houses posted strong second-quarter profit and raised its full-year guidance.
Here come the buybacks
August has traditionally been the hottest month of the year for companies repurchasing their own stock, and this month is expected to be the busiest year for buyback announcements in history.
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