BC-Business News Preview
Aug. 30, 2018
Among the stories Thursday from The Associated Press:
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.
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. UPCOMING: 130 words by 10 a.m.
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. UPCOMING: 350 words by 12 noon. By Marley Jay. AP Photos, Graphics.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks are slipping after a four-day winning streak as technology companies give up some of their recent gains and banks slide along with interest rates. SENT: 150 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: 510 words, photos.
MORTGAGE RATES — Freddie Mac reports on this week's average U.S. mortgage rates. By Josh Boak. UPCOMING: 130 words after release of report at 10 a.m. 300 words by 10:45 a.m.
PRESCHOOLS-ECONOMY — Given a dire workforce crisis in a booming economy, some preschools and child care centers are using noncompete agreements and college tuition incentives for workers and waiting list fees for parents to manage a seemingly insatiable demand for child care.
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 said Thursday. SENT: 220 words, photos.
WALDORF ASTORIA-LAS VEGAS — Hilton's Waldorf Astoria brand plans to transform the casino-less Mandarin Oriental on the Las Vegas Strip after the property was sold to an unknown buyer earlier this year. The arrival of the luxury brand with a New York flair comes ahead of the announced debut of rival JW Marriott on the Strip.
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: 250 words, photos.
TECHNOLOGY & MEDIA:
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.
TELLTALE- DNA 7/87/87/8— The genetic trail that plants and animals leave behind is helping scientists find them without actually catching them. By Emiliano Rodriguez Mega. SENT: 890 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 Courtney Jespersen, NerdWallet. UPCOMING: 670 words by 11 a.m., photo.
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 has announced, 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: 830 words, photos.
GERMANY-ECONOMY — The number of people without jobs in Germany dropped slightly in August as the labor market remained strong in Europe's largest economy. SENT: 120 words.
BRITAIN-PANASONIC — Japanese electronics giant Panasonic has become the latest company to announce plans to move its European headquarters out of Britain ahead of Brexit. SENT: 130 words.
NEPAL-REGIONAL SUMMIT — Leaders of seven South Asian and Southeast Asian nations are meeting in Nepal to discuss regional trade, economic cooperation, security and peace. SENT: 250 words.
TURKEY-ECONOMY — The Turkish lira has further weakened against the dollar amid investors' move away from emerging markets and concerns over President Recep Tayyip Erdogan economic policies. SENT: 140 words.