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BC-APFN-Business News Digest

August 30, 2018

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.


GMAIL-MACHINE GENERATED REPLIES — “Awesome, thanks!” ″I’ll ask.” ″It was my pleasure!” Google has begun suggesting auto-responses to emails in Gmail on desktop and iPhones, implementing a feature already on its Android app and toeing the line between useful and creepy. The responses are drawing mixed responses from users. By Mae Anderson. UPCOMING: 500 words, photos by 3 p.m.

MICROSOFT-PAID PARENTAL LEAVE — Microsoft says it’s requiring its U.S. suppliers to offer their employees at least 12 weeks paid leave to care for a new child. The company announced the new parental leave policy Thursday. It affects hundreds of U.S. businesses that supply Microsoft with everything from janitorial services to software consulting. By Matt O’Brien. SENT: 650 words, photos.

OF MUTUAL INTEREST-SEPTEMBER — Stocks are at record highs thanks in part to growing optimism about trade tensions easing, but investors should watch out because September is historically the worst month of the year for stocks. By Marley Jay. SENT: 330 words, photos, graphics.

TRUMP-GOOGLE-FACT CHECK — In claiming Google shows liberal bias, Trump suggests the search engine shunned his State of the Union speech while promoting Obama’s, but he’s wrong. By Hope Yen and Jill Colvin. SENT: 400 words, photo.


FINANCIAL MARKETS —U.S. stocks are dipping Thursday morning after a four-day rally brought major indexes to record highs. Banks are slipping with interest rates and consumer-focused companies, which have made large gains recently, also lagged the market. Technology companies took small losses. By Marley Jay. SENT: 630 words, photos. UPCOMING: Will be updated through 5 p.m.

CONSUMER SPENDING — Consumer spending, bolstered by strong job growth and tax cuts, rose a solid 0.4 percent in July, the sixth straight month of healthy gains, while a key measure of inflation posted its largest annual gain in more than six years. By Martin Crutsinger. SENT: 600 words, photos.

MORTGAGE RATES —Long-term U.S. mortgage rates ticked up this week as borrowing costs are meaningfully higher than a year ago. By Josh Boak. SENT: 200 words, photos.

US-CHINA TARIFFS — China will make economic changes at its own pace regardless of U.S. pressure, and their worsening dispute over technology policy can only be solved through negotiations as equals, a Commerce Ministry spokesman says. SENT: 220 words, photos.

BUFFETT INVESTMENTS— Billionaire Warren Buffett says stocks remain attractive investments even at today’s high prices when compared to bonds or real estate. SENT: 140 words, photo.


CAMPBELL SOUP-REORGANIZATION — Campbell Soup Co. plans to focus on its core snacks and soup business in North America and sell its international business, paying down debt. SENT: 400 words, photos.

CANADA PIPELINE FIGHT — Canada’s Federal Court of Appeal has quashed the approval of the contentious Trans Mountain pipeline expansion that would nearly triple the flow of oil from the Alberta oil sands to the Pacific Coast. By Rob Gillies. SENT: 500 words.

COAL PLANT CLOSINGS — An Ohio-based energy company says it is closing its last coal-fired power plants in Ohio and Pennsylvania, a move decried by the coal industry and called inevitable by environmentalists. By Julie Carr Smyth. SENT: 580 words.

BRITAIN-DYSON-ELECTRIC CAR — Dyson, the British company best known for its ground-breaking vacuum cleaners, says that it plans to build auto test tracks as it expands electric vehicle development at a former Royal Air Force airfield. By Kelvin Chan. SENT: 350 words.


SWEDEN-ELECTI0NS-TWITTER — A Swedish government study says there’s been a recent surge in the number of automated Twitter accounts ahead of the Sept. 9 election, noting that 40 percent of them are more likely to support the anti-immigration Sweden Democrats party, expected to make gains. By Jan M. Olsen. SENT: 390 words, photos.

SOUTH KOREA-TUNNEL FARM — A high-tech farm inside a former highway tunnel in South Korea is seen as a potential solution to the havoc wreaked on crops by extreme weather linked to climate change, and to shortages of land and workers as the country ages. The owners say the vegetables and fruit growing under rosy LED lights in the tunnel can be produced at a lower cost than at other smart farms. By Jung-Yoon Kim. SENT: 650 words, photos.


NERDWALLET-SALES — If you don’t see a sale sign, it doesn’t mean you can’t get a deal. Here are four ways you could save money the next time you shop online or in person. By NerdWallet columnist Courtney Jespersen. SENT: 700 words, photos.


INDIA-CURRENCY CHAOS — Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, India’s reserve bank announces, indicating the move did little to slow the underground economy. SENT: 400 words, photos.

SOUTH SUDAN-OIL AND PEACE — Emboldened by a new peace deal, civil war-torn South Sudan says it will resume oil production in a key region next month to make up for more than $4 billion of revenue lost during years of fighting. By Sam Mednick. SENT: 800 words, photos.


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 full 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.

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