BC-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.
UBER-IPO _ Uber is expected to release a prospectus that will provide a closer look at its business model ahead of an anticipated initial public offering. By Cathy Bussewitz and Michael Liedtke. UPCOMING, timing uncertain.
DISNEY-STREAMING SERVICE _ Robert Iger finally takes the wraps off Disney Plus, a streaming-video service that will showcase films and programs from Disney, Pixar, Star Wars, Marvel and National Geographic. It’s the latest move that aims to fragment the streaming-video market and take down pioneer Netflix a peg or two. By Mae Anderson. UPCOMING: Developing from 5 p.m. event.
BREXIT _ British Prime Minister Theresa May urges lawmakers to spend the upcoming Easter break to “reflect” on the need for a Brexit compromise, after a clearly frustrated European Union gave the country six more months to find a way to leave the bloc. By Gregory Katz. SENT: 780 words, photos.
CHINA-US-TRADE TALKS _ China says that trade talks with the U.S. are “moving forward” after nine rounds of consultations aimed at ending a standoff that has shaken the world economic outlook. SENT: 350 words. UPCOMING: May be updated.
MARKETS & ECONOMY:
FINANCIAL MARKETS _ Stocks are barely moving in early trading on Wall Street as gains for banks are offset by losses elsewhere in the market, including energy companies. SENT: 600 words, photos. UPCOMING: Will be updated through trading, about 700 words by 5 p.m.
UNEMPLOYMENT BENEFITS _ The number of people applying for unemployment aid fell last week to its lowest level in nearly five decades, solid evidence that the job market is healthy and layoffs scarce. By Christopher Rugaber. SENT: 130 words. UPCOMING: Will be updated.
PRODUCER PRICES _ The U.S. wholesale prices increased in March by the most since last fall, driven largely by more expensive gas and electricity. By Christopher Rugaber. SENT: 320 words, photo.
MORTGAGE RATES _ Freddie Mac reports on this week’s average U.S. mortgage rates. UPCOMING: 130 words after release of report at 10 a.m. 300 words by 10:45 a.m.
CHINA-BOEING _ One of China’s three major state-owned airlines says it has joined carriers that are asking Boeing Co. for compensation after suspended use of its 737 Max jetliner following two fatal crashes. SENT: 350 words.
RITE AID-STOCK SPLIT _ Rite Aid will chop its share count by about 95% to make the remaining shares valuable enough to stay on the New York Stock Exchange. By Tom Murphy. SENT: 310 words, photo.
CARNIVAL CRUISE SHIPS-PROBATION _ A federal judge has threatened to temporarily block Carnival Corp. from docking cruise ships at ports in the United States as punishment for a possible probation violation. SENT: 520 words.
JAPAN-NISSAN-GHOSN _ Prosecutors questioned the wife of Nissan’s former Chairman Carlos Ghosn in a Tokyo court Thursday, after her husband was taken into custody on financial misconduct allegations. By Yuri Kageyama. SENT: 210 words, photos.
TECHNOLOGY & MEDIA:
AMAZON-BEZOS LETTER _ Amazon challenged its retail rivals to raise their wages and improve benefits, saying the competition will help everyone. SENT: 130 words, will be updated.
MASTERS-WATCH EVERY SHOT _ Staid and tradition-driven Augusta National is on the cutting edge of technology. Look no further than the Masters website. For the first time, the goal of the club is to capture each of the 20,000-plus shots during the tournament on camera. If all goes well, golf fans will be able to watch shots on the Masters’ website just a few minutes after they happen. By David Brandt. SENT: 650 words, photo.
AUSTRALIA-PEOPLE-GEOFFREY RUSH _ Oscar-winning actor Geoffrey Rush won his defamation case against a Sydney newspaper publisher and journalist over reports he had been accused of inappropriate behavior toward an actress. By Rod McGuirk. SENT: 750 wors, photo.
RUSSIA-INTERNET _ Russian lawmakers approve a bill that would expand government authority over the internet and whose opponents fear heralds widespread censorship. By James Ellingworth. SENT: 600 words, photo.
TRUMP-TAXES _ The Treasury Department has missed a deadline to deliver President Donald Trump’s tax returns to the House Ways and Means Committee chairman. By Andrew Taylor and Jonathan Lemire. SENT: 700 words, photos.
NERDWALLET-STUDENT DEBT GIMMICKS _ Student loan game shows and contests give a few people a shot at putting a dent in their debt. But these games are no match for a repayment strategy that uses tried-and-true tactics like income-driven repayment and student loan refinancing. By Teddy Nykiel of NerdWallet. UPCOMING: 790 words, photo by 11 a.m.
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