BC-APFN-Business News Digest
BC-APFN-Business News Digest
Aug. 27, 2018
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.
CHINA-TARIFFS-REPLACING AMERICA — In the midst of their tariff battle with Washington, Chinese leaders are pressing companies to find other customers and suppliers. But the Chinese companies face trouble on two fronts: replacing the vast U.S. market for their products and finding alternative suppliers of technology they've long imported from America. By Joe McDonald. SENT: 1,120 words, photos.
NKOREA-THE BUYERS' GUIDE — Ostrich skin ready for tailoring, huge flat-screen TVs, "Neo-Viagra" and a cure for cancer? North Korea's official shopper's guide is glossy and full of testimonials from satisfied customers and phone and email contact information for the dozens of companies pitching their latest products — though good luck reaching any of them. By Eric Talmadge. SENT: 990 words, photos.
US-MEXICO-TRADE —The Trump administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement and replace it with a deal that the administration wants to be more favorable to the United States. By Paul Wiseman, Luis Alonso Lugo and Rob Gillies. SENT: 430 words, photos.
STUDENT LOAN OFFICIAL-RESIGNATION — The government's top official overseeing the $1.5 trillion student loan market resigned in protest on Monday, citing what he says is the White House's open hostility toward protecting the nation's millions of student loan borrowers. By Ken Sweet. SENT: 610 words, photos.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Global markets are rising as the U.S. and Mexico prepare to announce a trade agreement. In the U.S., industrial and basic materials companies, banks and technology companies are rising. By Marley Jay. SENT: 750 words, photos. UPCOMING: Will be updated through 5 p.m.
WTO-CHINA-US — China is challenging the latest round of U.S. tariffs against Chinese goods through the World Trade Organization. SENT: 130 words.
SEXUAL MISCONDUCT-CONFIDENTIAL AGREEMENTS — Confidentiality agreements have come under fire during the #MeToo movement as one way abusive men have been able to hold on to their jobs, and keep harassing more women. By Michelle R. Smith. SENT: 930 words, photos.
VOLKSWAGEN-EMISSIONS — The official overseeing Volkswagen's court settlements in its diesel scandal says he is pushing back against the company's withholding of information under confidentiality rules. SENT: 340 words.
CHINA-NISSAN-ELECTRIC CAR — The official overseeing Volkswagen's court settlements in its diesel scandal says he is pushing back against the company's withholding of information under confidentiality rules. SENT: 680 words, photos.
LAS VEGAS SHOOTING-LAWSUITS — Stadiums, corporate buildings and other facilities that draw crowds have strengthened their security since 9/11 and earned U.S. protections if their efforts fail to prevent a terrorist attack and they are sued. By Regina Garcia Cano. SENT: 920 words, photos.
TESLA STOCK — Shares of Tesla are slipping on the first day of trading after the electric vehicle maker said it won't consider going private after all. SENT: 230 words, photos.
ASPIRIN-HEART ATTACKS — Taking a low-dose aspirin every day has long been known to cut the chances of another heart attack, stroke or other heart problem in people who already have had one, but the risks don't outweigh the benefits for most other folks, major new research finds. By Marilynn Marchione. SENT: 800 words, photos, video.
MEAT-MISSOURI LAW — Vegetarian food-maker Tofurky is suing to defend its right to describe its products with meat terminology like "sausage" and "hot dogs," as long as the packaging makes clear what the ingredients are. SENT: 270 words.
DISNEY LABOR — Walt Disney World would be able to use more part-time workers and it would take longer for new workers to transfer jobs under a proposed contract that also would increase starting minimum wage to $15 an hour by 2021. By Mike Schneider. SENT: 140 words.
SMALLBIZ-GET STARTED — As people return to work after summer vacations, it's a good time to make sure everyone in the company is sensitive to the need for computer security. Here are some basics that owners should emphasize to their staffers. By Joyce M. Rosenberg. SENT: 530 words.
FOXCONN-WISCONSIN — Foxconn Technology Group announced that it will invest $100 million in engineering and innovation research at the University of Wisconsin-Madison, which is one of the largest gifts in the school's history and comes as the Taiwan-based electronics giant builds its first North American factory in southeastern Wisconsin. By Scott Bauer. SENT: 610 words.
3D GUN-LAWSUIT — A U.S. judge in Seattle has blocked the Trump administration from allowing a Texas company to post online plans for making untraceable 3D guns. By Martha Bellisle. SENT: 130 words.
TECHNOLOGY & MEDIA:
RUSSIA-UNHOLY HACKERS — The Russian hackers indicted by the U.S. special prosecutor last month have spent years trying to steal the private correspondence of some of the world's most senior Orthodox Christian figures, The Associated Press has found, illustrating the high stakes as Kiev and Moscow wrestle over the religious future of Ukraine. By Raphael Satter. SENT: 1,520 words, photos, video. An abridged version of 800 words also was sent.
RUSSIA-UNHOLY HACKERS-EXPLAINER — As Kiev and Moscow clash on the battlefields of eastern Ukraine, a new front has opened up in the religious sphere. SENT: 850 words.
MYANMAR-JOURNALISTS — A Myanmar judge on Monday postponed the verdict against two Reuters journalists accused of illegally possessing official documents in a case that has drawn attention to the faltering state of press freedom in the troubled Southeast Asian nation. By Victoria Milko and Aung Naing Soe. SENT: 730 words, photos.
MYANMAR-FACEBOOK — Facebook is banning Myanmar's powerful military chief and 19 other individuals and organizations from its site to prevent the spread of hate and misinformation." By Victoria Milko. SENT: 730 words, photos.
THAILAND-BITCOIN SCAM — Thai authorities this week are expected to step up their investigation of a financial scam involving the alleged theft of about $25 million worth of bitcoins from a Finnish investor who police say was bilked with promises of high returns from investments in a casino in Macau and in another cryptocurrency. By Kaweewit Kaewjinda. SENT: 560 words.
SWITZERLAND-UN-KILLER ROBOTS — Experts from scores of countries are meeting to discuss ways to define and deal with "killer robots" — futuristic weapons systems that could conduct war without human intervention. SENT: 440 words, photos.
NERDWALLET-LIZ WESTON-KIDS PAY COLLEGE — Parents often want to spare their kids from debt by paying for college. But your student needs to have some skin in the game. By NerdWallet columnist Liz Weston. SENT: 820 words, photos.
EUROPE-ECONOMY — The trade cease-fire between the European Union and U.S. President Donald Trump boosted optimism among German business executives heavily dependent on trade for their profits, a closely watched economic index showed Monday. By David McHugh. SENT: 250 words.
CHINA-NEW SILK ROAD — Chinese officials have defended Beijing's initiative to build railways and other infrastructure across Asia against complaints it leaves countries with too much debt after Malaysia canceled two high-profile projects. By Joe McDonald. SENT: 470 words.
WORLD COURT-IRAN-US — Iran went to the United Nations' highest court Monday in a bid to have U.S. sanctions lifted following President Donald Trump's decision earlier this year to re-impose them, calling the move "naked economic aggression." By Mike Corder. SENT: 750 words, photos.
TURKEY-ECONOMY — The Turkish currency has again weakened against the dollar, as Turkey's markets resumed trading after a week-long religious holiday. SENT: 140 words.
FRANCE-EU-DEFENSE — French President Emmanuel Macron pushed Monday for Europe to take more responsibility for its own defense, saying the continent's security shouldn't rely so much on the United States and could even include discussions with Russia. By Sylvie Corbet. SENT: 480 words, photos.
GERMANY-US — Germany's foreign minister said Monday that Europe should fill the gaps left by the withdrawal of American funds and diplomacy in international organizations and key regions of the world. By Frank Jordans. SENT: 320 words, photos.
MONEY & MARKETS SUMMARY:
High times for Tilray
Tilray shares soared after the Toronto-based medical marijuana producer said it will supply "Marley Natural" and other varieties of cannabis for sale by Nova Scotia's liquor and marijuana monopoly.
Hotel loyalty programs have hundreds of millions of members. But the jury is still out on how much they help hotels.
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