AP NEWS
Related topics

BC-Business News Digest

May 14, 2019

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 .

TOP STORIES:

CHINA-TRADE _ U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to “fight to the finish” in an escalating trade battle that is fueling fears about damage to global economic growth. By Joe McDonald. SENT: 800 words, photos.

With:

US-CHINA TARIFFS-TRUMP_ President Donald Trump’s statements about trade and tariffs are filled with so many dubious assertions as to raise the question of how much the president understands the fundamentals of trade policy. By Jonathan Lemire and Christopher Rugaber. UPCOMING.

Also:

FINANCIAL MARKETS _ Stocks regain some ground in morning trading following a nosedive at the start of the week as the U.S. and China escalate their trade war. By Damian J. Troise. SENT: 390 words, photos. UPCOMING: Will be updated through 5 p.m.

WHATSAPP-SPYWARE _ Spyware crafted by a sophisticated group of hackers-for-hire took advantage of a flaw in the popular WhatsApp communications program to remotely hijack dozens of phones, the company said. By Frank Bajak and Raphael Satter. SENT: 620 words, photos.

DISNEY-HULU_ Disney is taking full operational control of Hulu immediately, extending the reach of its streaming abilities. SENT: 270 words, photo. UPCOMING: May be updated.

WALMART-NEXT DAY SHIPPING _ Walmart is rolling out next-day delivery on its most popular items, raising the stakes in the retail shipping wars. By Anne D’Innocenzio. SENT: 740 words, photo.

EARNINGS:

JAPAN-EARNS-NISSAN _ Japanese automaker Nissan, reeling from the arrest of its former chairman, Carlos Ghosn, has seen annual profit nose-dive to less than half of what it earned in the previous year. It’s forecasting even dimmer results going forward. By Yuri Kageyama. SENT: 630 words, photos.

INDUSTRY:

CHINA-AUTO SALES _ China’s auto sales sank 17.7% in April from a year earlier, the 10th straight month of decline amid trade tension with Washington and an economic slowdown. By Joe McDonald. SENT: 320 words, photo.

GERMANY-VOLKSWAGEN _ Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany. SENT: 130 words, photos.

CLIMATE CHANGE-REAL ESTATE _ Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values, but how much is an open question. By Philip Marcelo. SENT: 950 words, photos.

TECHNOLOGY & MEDIA:

CHINA-CANADA _ Diplomats have visited a Canadian think tank expert whose detention in China is believed to be an attempt to pressure Canada to release Huawei executive Meng Wanzhou. SENT: 250 words, photo.

FACIAL RECOGNITION BACKLASH-SAN FRANCISCO _ San Francisco supervisors will vote on surveillance oversight legislation Tuesday that includes a ban on the use of facial recognition technology by police and other city departments. By Janie Har. SENT: 360-word setup. UPCOMING: Will be updated from afternoon board meeting.

GOOGLE-DATA PRIVACY _ Google says it’s opening a privacy focused engineering center in Munich, Germany, in its latest move to beef up its data protection credentials. SENT: 190 words, photo.

PERSONAL FINANCE:

QUICK FIX-SPRING CLEANING _ Spring cleaning _ it’s not just for closets and windows. Paperwork is one of the easiest areas to let a mess build and one of the more challenging categories to tackle. That’s in part because it’s difficult to make a lot of decisions. And the stakes feel higher when it comes to financial documents. By Sarah Skidmore Sell. SENT: 560 words.

NERDWALLET-MILLENNIAL-STOP SHOPPING _ There are a variety of strategies that can help you shop less often. If you have a tendency to overspend, try postponing the purchase or doing something else instead. By Courtney Jespersen of NerdWallet. UPCOMING: 710 words, photos by 11 a.m.

INTERNATIONAL:

PERSIAN GULF-TENSIONS _ An oil pipeline that runs across Saudi Arabia was hit by drones Tuesday west of its capital of Riyadh, the Saudi energy minister said, shortly after rebels in Yemen claimed they carried out coordinated drone strikes against the kingdom. By Aya Batrawy and Jon Gambrell. SENT: 1,150 words, photos.

RUSSIA-TAINTED SCHOOL MEALS _ Scores of children came down with dysentery at several Moscow day care centers, and their parents sue a catering company owned by a Kremlin-connected businessman. By Nataliya Vasilyeva. SENT: 1,300 words, photos.

EUROPE-WORKING TIME _ The European Union’s top court has ruled that employers in the 28-nation bloc must set up a system to measure the time worked every day by each worker to ensure that labor laws are complied with. By Geir Moulson. SENT: 390 words.

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 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.