BC-APFN-US--Business Features Digest
The Business News enterprise package planned through Oct. 1. For comments or questions, call 212-621-1680.For questions about photos, call ext. 1900. For questions about graphics, call ext. 7636.
OF MUTUAL INTEREST-3Q REVIEW — For investments this summer, it was all America First. Funds that focus on U.S. stocks charged to record heights, bolstered by Apple and other companies reporting profit gains that were even more eye-popping than analysts expected. Other areas of the market, though, didn’t fare as well. By Stan Choe. SENT: Thursday, 790 words, photos.
FORD-TARIFFS — From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump’s tariffs on U.S. imports are raising their costs and prices. By Tom Krisher and Josh Boak. SENT: Thursday, 700 words, photo.
INSURGENT BRANDS — The guys who founded Harry’s shaving club spend a lot time thinking about what shoppers hate buying. Armed with $112 million in new financing, the internet-savvy shaving company that took on razor giants Gillette and Schick is investigating what other sleepy products might be ripe for disruption. Harry’s is one of an array of insurgent brands which are shaking up the way people buy everything from mattresses to prescription acne remedies, eating into the market share of big consumer product companies. By Alexandra Olson. SENT: Wednesday, 1,950 words, photos. An abridged version of 860 words also is available.
ON THE MONEY-USED CAR PRICES — For more than three years, prices of used sedans have been falling in the U.S. as gas prices dropped and people shifted toward SUVs and trucks. But so far this year, compact and midsize cars have been appreciating as people who can’t afford new vehicles or used SUVs began buying in great numbers. By Tom Krisher. SENT: Wednedsay, 850 words, photos.
SMALLBIZ-SMALL TALK-RETAIL OUTLOOK — Many small retailers are upbeat about the fourth quarter as customers are more confident and spending freely, especially on non-essentials stores struggled to sell during the recession and its aftermath. And while booming online sales have taken business away from many retailers, small stores with unique merchandise or services are having a sales surge that allows them to stock up. Still, there are pockets of uncertainty including retailers uneasy about the Trump administration’s import tariffs. By Joyce M. Rosenberg. SENT: Wednesday, 930 words, photos.
JAPAN-WIRED CHILDREN — The Associated Press visited Coby Preschool, in a town northeast of Tokyo, where toddlers use tablets to color birds and flowers that appear to come alive as 3-D computer graphics. Experts say the applications are meant to encourage creativity and collaboration, although they warn of the risks of relying too heavily on technology. By Yuri Kageyama. SENT: Tuesday, 1,240 words, photos.
CHANGING YOGURT — If low-fat yogurt is blended with fatty ingredients like coconut or chocolate, is it still low-fat? Is it even yogurt? The dairy industry has reason to believe the Trump administration’s deregulation efforts will extend to yogurt so it can finally use the term with greater liberty. By Candice Choi. SENT: Tuesday, 900 words, photos.
TRUMP-UNITED NATIONS — Promoting his aggressive “America First” agenda, President Donald Trump delivered a sharp rebuke of global governance at the United Nations on Tuesday, drawing headshakes and even laughter from fellow world leaders as he boasted of America’s economic and military might. By Jonathan Lemire and Zeke Miller. SENT: Tuesday, 1,230 words, photos, video, audio.
NERDWALLET-FIRST CREDIT CARD — If your first credit card has a low limit, using it to cover everyday expenses might be out of the question. But the card can still help you build a good credit history. By NerdWallet columnist Claire Tsosie. SENT: Tuesday, 880 words, photos.
GIG ECONOMY-SIGNS OF SLOWDOWN? — The “gig” economy might not be the new frontier for America’s workforce after all. From Uber to TaskRabbit to YourMechanic, so-called gig work has been widely seen as ideal opportunities for people who prize the flexibility and independence that traditional jobs don’t offer. Yet the evidence is growing that in the long run, these jobs don’t deliver the financial returns many expect. By Christopher Rugaber. SENT: Monday, 950 words, photos.
DRUG PRICES-BUSINESS AS USUAL — President Donald Trump has made reducing drug prices a key promise, but an Associated Press analysis of brand-name prescription drug prices shows it’s mostly been business as usual for drugmakers since he took office. By Linda A. Johnson and Nicky Forster. SENT: Monday, 1,300 words, photos.
AP EXPLAINS-QUANTUM COMPUTING — A race by U.S. tech companies to build a new generation of powerful “quantum computers” could get a $1.3 billion boost from Congress, fueled in part by lawmakers’ fear of growing competition from China. It’s a big jump to prominence for an esoteric field of research that is difficult even to describe, but which could lead to ultrafast computers and new applications. By Matt O’Brien. SENT: Monday, 1,000 words, photos.
NERDWALLET-LIZ WESTON-ESTATE PLANNING DON’TS — Creating an estate plan is a gift to the people you leave behind. By expressing your wishes, you’re trying to guide your loved ones at a difficult, emotional time. All too often, though, well-meaning people do things destined to create discord, rancor and resentment among their heirs. By NerdWallet columnist Liz Weston. SENT: Monday, 820 words, photos.