BC-Business News Digest
Aug. 31, 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.
TARIFFS-PORTS — Ports and ground terminals in nearly every state handle goods that are now or will likely soon be covered by import tariffs. Port executives worry that this could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade. By David Koenig. SENT: 1,380 words, photos.
COCA-COLA-COSTA COFFEE — Coca-Cola is hoping to give itself another caffeine-fueled boost by buying the Costa coffee brand from British firm Whitbread for $5.1 billion in cash. By Pan Pylas. SENT: 660 words, photos.
MARKETS & ECONOMY:
FINANCIAL MARKETS — U.S. stocks are mostly lower morning after a late loss the day before. By Marley Jay. SENT: 490 words, photos. UPCOMING: Will be updated through 5 p.m.
METHANE-COLORADO — The Trump administration is rolling back some U.S. regulations on climate-changing methane pollution, calling them expensive and burdensome, but Colorado says its rules are working — and they have industry support. By Dan Elliott. SENT: 800 words, photos.
MARIJUANA-OREGON HARVEST — Before Matthew Miller harvests marijuana this fall from his fields in southern Oregon, he'll have to notify the state for the first time ever — a process that could bring inspectors to make sure none of his pot is being illegally diverted. By Gillian Flaccus. SENT: 1,020 words, photos.
TRUMP-RETIREMENT — President Donald Trump is set to sign an executive order to make it easier for small businesses to group together to provide their workers with retirement plans. SENT: 130 words.
STEALTH DESTROYER — Maine shipbuilder Bath Iron Works has replaced one of the massive turbines on the future USS Michael Monsoor, and the ship is scheduled to depart for San Diego in November. By David Sharp. SENT: 350 words, photos.
DAIRY FARMERS LAWSUIT — Thousands of Northeast dairy farmers are receiving their share of a $50 million settlement, nearly nine years after the farmers filed a class-action lawsuit against a national dairy marketing cooperative. SENT: 140 words.
CZECH-DROUGHT-HOPS — A drought in central Europe this summer could leave beer drinkers thirsting for their favorite lagers and pilsners: production of the prized hops that give Bohemian-style brews their distinctive flavors are down 30 percent or more in the Czech Republic. By Adam Pemble. SENT: 300 words, photos.
TECHNOLOGY & MEDIA:
NBC-SEXUAL MISCONDUCT — Ronan Farrow's former producer at NBC News is criticizing his old network for failing to stick with the story about Hollywood mogul Harvey Weinstein's sexual misconduct. By David Bauder. SENT: 400 words, photos.
BRAZIL-ELECTIONS-FACT-CHECKING-WHATSAPP — A consortium of news organizations in Brazil is working to debunk rumors and misinformation circulating on WhatsApp, a wildly popular messaging service that is difficult to police because users share messages privately. By Sarah DiLorenzo. SENT: 1,040 words, photos.
EUROPE-ECONOMY — Unemployment across the 19-country eurozone has fallen to its lowest level since the most acute phase of the global financial crisis a decade ago. By Pan Pylas. SENT: 690 words.
CHINA-MANUFACTURING — China's manufacturing activity improved in August but sales weakened amid a worsening tariff war with Washington, a survey showed Friday. SENT: 130 words.
CHINA-JAPAN-TRADE — Japan's finance minister and Chinese officials have pledged support for the multilateral system of global trade regulation ahead of a possible new round of U.S. tariff hikes in a battle over Beijing's technology policy. SENT: 500 words, photos.
TURKEY-ECONOMY — Turkey has raised a tax on foreign currency deposit accounts and scrapped another on lira savings as it tries to shore up its struggling currency. SENT: 130 words.
SPAIN-PROSTITUTION — A divisive debate over the legal status of prostitution has reignited in Spain after the country's staunchly feminist government was embarrassed to find out that it had approved the country's first sex workers' union. By Aritz Parra. SENT: 490 words, photos.
BRITAIN-OBIT-MIRRLESS — Cambridge University says economist James Mirrlees, the co-winner of the 1996 Nobel prize in economics, has died. He was 82. SENT: 130 words.
BRAZIL-ECONOMY — Brazil's economy eked out some growth in the second quarter of the year despite a crippling nationwide truckers' strike. SENT: 130 words.
BREXIT — The European Union is promising Britain an unparalleled trade partnership if Brexit is concluded on amicable terms. SENT: 120 words, photos.
AFRICA-MERKEL — German Chancellor Angela Merkel on Friday was wrapping up a three-day Africa visit in Nigeria with a meeting between the leaders of Europe's and Africa's largest economies focusing on migration. By Sam Olukoya. SENT: 360 words, photos.
EUROPE-SUMMER TIME — European Union Commission President Jean-Claude Juncker is backing calls to ditch the twice yearly changes to the time following a citizens' consultation. Juncker has told the German ZDF network that "the people want that, and we will make it happen." By Raf Casert. SENT: 370 words, photos.
MONEY & MARKETS SUMMARY:
A good stretch
Lululemon Athletica shares surged Friday after the yoga pants maker raised its annual forecasts after a strong second quarter.
Greek bailout Odyssey ends
After eight years of toil, Greece has emerged from its bailout era. But with years to go before all the economic ground lost is recouped, the end of the bailout era is only the start.
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: firstname.lastname@example.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.