BC-US-Business News Preview, US
MONDAY FOR TUESDAY
TRUMP TRADE-POLITICAL STRATEGY — What’s behind President Donald Trump’s scorched-earth stance toward tariffs and the pain it threatens to cause for American individuals and companies so close to midterm elections? Farmers and businesses stand to suffer from the fights he’s started with China, Canada and other key U.S. trading partners. But the administration appears to be betting that getting tough on trade is a politically shrewd strategy that will help seal deals with South Korea, Canada and Mexico before Election Day. By Paul Wiseman and Ken Thomas. UPCOMING: 900 words at 12 noon.
US-CHINA TARIFFS-BEIJING’S OPTIONS — One of China’s most prominent figures in global finance says Beijing should press Washington to end their tariff battle by clamping down on exports of goods needed by American companies, according to news reports. By Joe McDonald. SENT: 600 words, photos.
JAPAN-FLYING CAR — The Japanese government has started a “flying car” project, bringing together more than a dozen companies, including All Nippon Airways, electronics company NEC, Toyota-backed startup Cartivator and Uber, the ride-hailing service. The first meeting was held last month. A “road map” is being readied by the end of this year. Uber officials, in Tokyo recently to push its plans for affordable flights called UberAir, say Japan is being considered for its first international “launch city.” By Yuri Kageyama. UPCOMING: 1,100 words, photos, video.
US-SPACEX-MOON — SpaceX CEO Elon Musk plans to announce the first private passenger to be launched on a trip around the moon and back. UPCOMING, timing uncertain.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Global markets are mostly lower following reports that President Donald Trump will place tariffs on $200 billion more in Chinese goods, despite a possible meeting to iron out tensions between the world’s two largest economies. SENT: 430 words, photos. UPCOMING: Will be updated through the end of trading, about 700 words by 5 p.m.
AUSTRALIA-SABOTAGED STRAWBERRIES — Public fears about sewing needles concealed inside strawberries on supermarket shelves have spread across Australia and New Zealand as growers turn to metal detectors and the Australian government launches an investigation to restore public confidence in the popular fruit. By Rod McGuirk. SENT: 570 words, photos.
TROPICAL WEATHER-TOXIC SITES — Flooded rivers from Florence’s driving rains have begun to swamp coal ash dumps and low-lying hog farms, raising pollution concerns as the swollen waterways approach their crests Monday. By Michael Biesecker. SENT: 600 words, photos.
OLDEST NUCLEAR PLANT-CLOSING — America’s oldest nuclear power plant, the Oyster Creek Nuclear Generating Station in New Jersey, is shutting down. By Wayne Parry. SENT: 130 words. UPCOMING: Will be udpated following 1 p.m. briefing.
LOUISIANA-DEADLY ROSE DISEASE — An incurable rose disease once hailed as a possible way to eradicate an invasive plant is now threatening the nation’s $250-million-a-year rose business. UPCOMING, timing uncertain.
BRITAIN-LONDON FASHION WEEK — Coverage of London Fashion Week catwalk shows including Burberry and Christopher Kane. UPCOMING, timing uncertain.
TECHNOLOGY & MEDIA:
AMAZON-SMALL BUSINESS STORE — Amazon wants you to shop small. The online retailer launched a new section of its site Monday called Amazon Storefronts, which only lists products sold by small- and medium-sized businesses in the U.S. By Joseph Pisani. SENT: 330 words.
WIKILEAKS — A new cache of internal WikiLeaks files obtained by The Associated Press shows that WikiLeaks staffers discussed having Julian Assange skip bail and escape Britain as authorities closed in. By Raphael Satter. SENT: 1,200 words, photos.
WOMEN-RETIREMENT AGE — Married women tend to retire when their husbands do, but many should consider waiting because they’ll otherwise miss out on building Social Security wealth. By Liz Weston. NerdWallet. UPCOMING: 802 words by 11 a.m. AP Photo.
NKOREA-THE ROAD TO SUCCESS? — With a high-stakes Korea summit looming, could joint infrastructure projects help pave the way to denuclearization? By Eric Talmadge. SENT: 1,000 words, photos.
NKOREA-TRADE FAIR — Vendors selling everything from car batteries to “kangaroo essence” health pills have descended on Pyongyang for an international trade fair. By Eric Talmadge. SENT: 590 words, photos.
EASTERN EUROPE-SUMMIT — U.S. President Donald Trump has reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties between the region and the U.S. and European Union. SENT: 230 words. UPCOMING: Will be updated.
SWITZERLAND-FUTURE OF JOBS — More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic forum said in a report that highlights the speed with which the labor market will change in coming years. By Jamey Keaten. SENT: 420 words.
CHINA-FOREIGN BUSINESS — The European Union Chamber of Commerce in China releases a report on business conditions amid mounting trade tensions with Washington and the European Union. On merits.