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BC-Business News Digest

May 6, 2019

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 .


TRUMP-CHINA-TARIFFS _ Chinese envoys are preparing to travel to the United States for trade talks, a government spokesman said, suggesting talks on ending a bruising tariff war will go ahead despite President Donald Trump’s surprise threat to raise import taxes. By Joe McDonald. SENT: 770 words, photos. UPCOMING: Will be updated.


FINANCIAL MARKETS _ U.S. stocks fall sharply at the opening of trading, following a sell-off in Europe and Asia, after President Donald Trump threatened to escalate a trade war between the world’s two largest economies. By Damian J. Troise. SENT: 590 words, photos. UPCOMING: Will be updated through 5 p.m.


_ TRUMP-CHINA TARIFFS-COMPANIES _ In what could be a grim preview of what’s to come if the world’s two largest economies square off in a trade war, shares in multinational corporations were hammered on both sides of the Pacific after a tweet from President Donald Trump. SENT: 670 words, photos.

_ BUFFETT MEDIA _ Warren Buffett says it’s hard to know how a trade war between China and the United States would affect the economy if President Donald Trump follows through on his latest tariff threat because so many other countries are affected. SENT: 120 words, photos.

GOOGLE-ASCENT OF THE ASSISTANT _ Google Assistant had a late start in the voice technology market, years behind Amazon’s Alexa. But in the past three years, the technology has become a neck-in-neck competitor. Amazon may have the edge with third party businesses, but Assistant is moving ever more into our pockets _ all while informing Google’s core advertising business. By Rachel Lerman. SENT: 740 words, photos.


KRAFT-HEINZ-FINANCIALS _ Kraft Heinz is restating its financial results for the years 2016, 2017, and for the first nine months of 2018. By Michelle Chapman. SENT: 430 words, photo.

RUSSIA-PLANE FIRE _ The plane that burst into flames while making an emergency landing at a Moscow airport, killing 41 of the 78 people on board, was without radio communications because of a lightning strike, Russian news media on Monday quoted the pilot as saying. By Jim Heintz. SENT: 580 words, photos.


_ RUSSIA-PLANE-FIRE-SUKHOI _ A look at the SSJ100 and the Russian company that built it, the Sukhoi Civil Aircraft Company. By David McHugh. SENT: 600 words, photos.


CBS NEWS-SHAKEUP _ Norah O’Donnell will become anchor and managing editor of the “CBS Evening News” and the network will revamp its morning show lineup as it seeks to boost ratings on both programs. SENT: 300 words, photo.

MALAYSIA-NORWAY-TELECOMS _ Malaysia’s Axiata Group Berhad says it is in talks with Norway’s Telenor ASA to merge their Asian operations to create one of the world’s top telecommunications giants with some 300 million customers in nine countries. SENT: 280 words, photos.


NERDWALLET-LIZ WESTON-NEW CREDIT PRODUCTS _ Two Experian credit-building products require people to link bank account information in exchange for a possible lift to their credit scores. The benefit may not be worth the risk. By Liz Weston of NerdWallet. UPCOMING: 820 words, photos by 11 a.m.


EUROPE-ECONOMY _ A closely watched survey is showing that the 19-country eurozone economy lost further momentum in April. SENT: 130 words.

LEBANON-ECONOMY _ The Beirut Stock Exchange suspended trading on Monday due to an open-ended strike declared by the employees of Lebanon’s central bank, adding to the country’s economic crisis as the government discusses an austerity budget to avoid an economic crash. By Bassem Mroue. SENT: 370 words, photos.

FRANCE-PHONE COMPANY-SUICIDES _ French telecom giant Orange and seven former or current managers are going on trial accused of moral harassment over a wave of employee suicides a decade ago. By Nicolas Vaux-Montagny. SENT: 630 words, photos. UPCOMING: Will be updated.

Business News Supervisor Richard Jacobsen (800-845-8450, ext. 1680). For photos (ext. 1900.) For graphics/interactives (ext. 7636.) For access to AP Newsroom and technical issues: customersupport@ap.org, or 877-836-9477. Questions about transmission of financial market listings, call 800-3AP-STOX.

The digest for AP’s Money & Markets service can be found at markets.ap.org. For questions about M&M content, contact Greg Keller at (212) 621-7958.