BC-Business News Digest
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.
BATTLE FOR FOX-DEALS COMPARED — Competing bids from Comcast and Disney for the bulk of Twenty-First Century Fox come as the media landscape changes and companies get more involved in both creating and distributing content. A look at how the companies would match up. By Mae Anderson. UPCOMING: 850 words, photo by 3 a.m.
FEDERAL RESERVE-WAGE PUZZLE — Halfway through a news conference Wednesday, the head of the world’s most powerful central bank was asked a question weighing on the minds — and the checking accounts — of Americans everywhere: When will people finally start getting meaningful pay raises? Jerome Powell, the chairman of the Federal Reserve, had no satisfactory answer. He called it a “puzzle.” And then, as if measuring his words, he said he wasn’t prepared to call it a “mystery.” By Josh Boak. UPCOMING: 700 words, photos, after midnight.
JORDAN-ECONOMY —Jordan’s new prime minister, Omar Razzaz promises to scrap proposed tax increases in hopes of defusing public anger that triggered the biggest protests in the kingdom since 2011. But Razzaz, a former senior World Bank official, will have to come up with a new version of painful reforms to bring Western ally Jordan, increasingly in debt and dependent on foreign aid, out of its potentially destabilizing economic downturn. By Alice Su. UPCOMING: 900 words, photos at 4 a.m.
CANADA-US STILL BEST FRIENDS? — For the first time in decades, one of the world’s most durable and amicable alliances is under serious strain as Canadians assess the potential toll of Donald Trump’s harsh attacks on their nation’s prime minister and trade policies. By Robert Gilles and David Crary. UPCOMING: 1,000 words by 3 a.m.
MARKETS & ECONOMY:
FINANCIAL MARKETS — A report on global markets, starting in Asia and updated through the close of trading on Wall Street.
RETAIL SALES — The Commerce Department releases U.S. retail sales data for May. By Christopher Rugaber. UPCOMING: 130 words after release of report at 8:30 a.m. 300 words by 9:15 a.m.