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.
GENERAL MOTORS-RESTRUCTURING — Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. By Tom Krisher. UPCOMING: 1,100 words, photos after midnight.
JAPAN-AUTO ALLIANCES — The arrest of Nissan’s former chief executive Carlos Ghosn has raised doubts over the future of the alliance among automakers Nissan, Renault and Mitsubishi Motors that he helped forge. Such alliances wax and wane over time, but have grown in importance as companies develop electric vehicles, net connectivity and artificial intelligence for autos. By Yuri Kageyama. UPCOMING: 600 words, photo at 11 p.m.
UNITED TECHNOLOGIES-BREAKUP — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. SENT: 300 words, photo.
MARKETS & ECONOMY:
FINANCIAL MARKETS — A report on global markets, starting in Asia and updated through the close of trading on Wall Street.
CONSUMER CONFIDENCE — The Conference Board releases its November index on U.S. consumer confidence. By Paul Wiseman. UPCOMING: 130 words after release of report at 10 a.m., 300 words by 10:45 a.m.
HOME PRICES — The Standard & Poor’s/Case-Shiller 20-city home price index for September is released. By Christopher Rugaber. UPCOMING: 130 words after release of report at 9:00 a.m., 300 words by 9:45 a.m.