BC-APFN-Money & Markets Extra Digest
For the week ending Saturday, Dec. 1, 2018
MONEY MATTERS-MEAL KIT HOLIDAYS
Subscription meal kit services can take some stress out of weekday dinners. But they may or may not help you fill your holiday table.
THE WEEK IN REVIEW
General Motors will cut up to 14,000 jobs, possibly close up to five plants; U.S. consumers go on spending spree in October; Fed chairman suggests possible pause in rate hikes
It may seem too early to start thinking about taxes, but procrastination could cost you.
WIRELESS & CASHLESS
In a quest to be more community-friendly — and less, say, election-meddley — Facebook is expanding a feature that shows people local news, city council updates, road closures and school events.
SMALL BUSINESS MONITOR
As business owners work on year-end tax projections, they’re likely wondering how big a deduction they can take for the office in the family room or garage.
Airlines reach cruising altitude
Airline stocks have taken flight over the last two months while the rest of the market has been stranded on the tarmac.
Jeweler Tiffany tanks as spending by Chinese tourists falls; cost of keeping Asian carp out of Great Lakes grows; outdoor gear seller Patagonia donates tax savings to environmental groups
OFF THE CHARTS-MARKET VALUE BATTLE
Apple and very briefly Amazon eclipsed $1 trillion in market value earlier this year as tech and internet stocks soared. Now, as those stocks fall, Microsoft is challenging for the title of most valuable.
INSIDER Q&A-DEUTSCHE POST DHL CEO
Frank Appel, chief executive of DHL parent company Deutsche Post, talks to The Associated Press about holiday shipping volumes, drones and technology.
If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?
For questions about Money & Markets Extra modules, contact Greg Keller (212-621-7958). For technical support: Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help.