BC-Business News Preview
Among the stories Monday from The Associated Press:
JAPAN-NISSAN-GHOSN — Nissan Motor Co.’s high-flying chairman Carlos Ghosn is to be dismissed after the company said an internal investigation found he under-reported his income by millions of dollars and engaged in other “significant misconduct.” By Yuri Kageyama. SENT: 960 words, photos.
JAPAN-NISSAN-GHOSN-THE LATEST — Running updates.
GROWING UP DIGITAL-SCREENHEADS — Many American parents are engaged in a battle over screen time with their kids -- and It’s not going well. Ninety-five percent of U.S. teens have their own mobile devices, and many see screen-time limits as unjustified punishment. By Martha Irvine. SENT: 1,500 words, photos. An abridged version of 750 words also is available.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks are opening slightly lower on Wall Street led by declines in technology and industrial companies. SENT: 600 words, photos. UPCOMING: 700 words by 5 p.m.
OLDER WORKERS-RETIREMENT PLANS — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. By Andrew Soergel. SENT: 820 words, photos.
GE-POWER — General Electric is shuffling leadership at its power unit as it moves to split the division in its ongoing effort to slim down operations. SENT: 120 words.
DAVID’S BRIDAL-BANKRUPTCY — David’s Bridal is filing for bankruptcy protection but there is no danger for customers who have ordered dresses because operations continuing as normal while the wedding and prom retailer restructures. SENT: 100 words, photo.
TECHNOLOGY & MEDIA:
THAILAND-DIGITAL TRAINING — Microsoft, Google and other major technology companies have promised to help provide training in digital skills for around 20 million people in Southeast Asia by 2020 to make sure the region’s burgeoning working-age population is a fit for the future job market. By Kaweewit Kaewjinda.SENT: 470 words.
AUSTRALIA-FAIRFAX-NINE-MERGER — Shareholders give final approval to the merger of television network Nine Entertainment and newspaper publisher Fairfax Media into an Australian media giant to be known only as Nine despite one shareholder’s late bid to stop the deal. By Rod McGuirk. SENT: 300 words.
NERDWALLET-LIZ WESTON-MULTITASKING-MONEY GOALS — Tackling only one financial goal at a time is tempting, especially when debt is involved. But the “as soon as” mentality can wind up costing you big in the long run. UPCOMING.
BREXIT — British Prime Minister Theresa May sought to seal business support for her Brexit deal with the European Union, but remained on a collision course with a group of lawmakers seeking to unseat her. By Jill Lawless and Raf Casert. SENT: 630 words, photos.
BRAZIL-PETROBAS — Brazil’s president-elect is appointing a pro-market reformer to lead the state oil company Petrobras. SENT: 150 words.
DENMARK-BANKING-RUSSIA — Denmark’s largest bank “deliberately ignored” a warning about a massive money laundering scheme through its Estonian branch, a former employee and whistleblower said. By Jan M. Olsen. SENT: 470 words, photo.
RUSSIA-MAGNITSKY — Russian prosecutors announce a new criminal case against Kremlin critic Bill Browder, raising the pressure on him before European Union discussions about a set of sanctions he is advocating. By Nataliya Vasilyeva. SENT: 780 words, photos.
VIETNAM-RUSSIA — The prime ministers of Vietnam and Russia agree to nearly triple their countries’ two-way trade to $10 billion by 2020 from $3.55 billion last year. SENT: 210 words, photos.
TURKEY-RUSSIA-PIPELINE — Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan have marked the completion of a key phase of TurkStream, a natural gas pipeline connecting the two countries. By Zeynep Bilginsoy. SENT: 420 words.