BC-APFN-Business News Preview
Among the stories Thursday from The Associated Press:
FINANCIAL MARKETS — Wall Street’s wild Christmas week goes on, with the Dow Jones Industrial Average slumping 300 points at the open Thursday, a day after notching its biggest-ever point gain. SENT: 150 words, photos. UPCOMING: Will be updated throughout trading day.
LIGHTER LAUNDRY DETERGENT — Amazon’s rise is forcing laundry detergents to shrink. Soap makers Tide and Seventh Generation have introduced redesigned packaging that’s several pounds lighter than traditional bottles by cutting down on plastic and using less water in their formulas. They’re making the changes to please Amazon and other online stores: lighter packaging means those retailers will pay less to ship the detergent to shopper’s doorsteps, making each sale more profitable. By Joseph Pisani. UPCOMING: About 600 words by noon, photos.
YE--MARKETS-THE YEAR IN 10 CHARTS — Markets got the year off to a strong start and notched record highs into the early fall. Then everything went south. A look back at a tumultuous year in 10 charts. UPCOMING: 700 words, charts on Dec. 27. Will be updated Dec. 31 with final closing figures for 2018. By The AP Markets Team. This story stands for the weekly Off the Charts column.
YE--BUSINESS NEWS QUIZ — Test your knowledge of notable events in the business world in 2018. UPCOMING: 500 words.
MARKETS & ECONOMY:
CONSUMER CONFIDENCE — The Conference Board releases its December index on U.S. consumer confidence. By Paul Wiseman. UPCOMING: 130 words after release of report at 10 a.m. 300 words by 10:45 a.m.
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.
YE--LEGAL MARIJUANA-BANNER YEAR — The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. By Gillian Flaccus. SENT: 1,150 words, photos, video.
— YE--LEGAL MARIJUANA-BANNER YEAR-TIMELINE — A look at some of the highlights for legal marijuana in 2018. SENT: 480 words, photo.
DISNEY-SEX DISCRIMINATION — A middle-aged male former labor analyst at Disney Cruise Line claims his younger female manager created a hostile work environment by bullying him about his age, bragging about sleeping with married men in the office and passing him over for promotions, according to a federal lawsuit. SENT: 750 words.
TECHNOLOGY & MEDIA:
FOX 25 YEARS — The manner in which football is televised today went in motion 25 years ago this month when Fox won rights to broadcast NFL games for $1.6 billion over four years. By Joe Reedy. SENT: 1,360 words, photos.
SUDAN — An independent union of Sudanese journalists says its members have started a strike in support of “legitimate” popular demands for freedom and democracy. SENT: 140 words, photos.
BEVMO HACKED — BevMo is warning that a data breach may have allowed a hacker to steal credit card numbers and other information from more than 14,000 customers who used the alcohol-seller’s website. SENT: 120 words.
NERDWALLET-SIDE HUSTLE — Simplify your taxes and maximize your income with a separate credit card for your side hustle. In addition to keeping all your business expenses in one place, it could help you with credit to build your business and rewards to extend your budget. By Melissa Lambarena of NerdWallet. UPCOMING: 760 words, photo, by 11 a.m.
CHINA-TARIFFS — China’s government says it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade. SENT: 200 words.
BREXIT — The commissioner of the Metropolitan Police has suggested that Britain’s departure from the European Union will be costly and could have a damaging effect on public safety. SENT: 130 words, photo.
TAIWAN-PROTEST — Thousands of Taiwanese, taking a page from France’s yellow vest movement, protest for the third time in a week to demand lower taxes and the fair handling of tax disputes. By Ralph Jennings. SENT: 500 words, photos.
CHINA-CORRUPTION CASE — China’s former deputy intelligence chief was sentenced Thursday to life in prison for corruption. SENT: 280 words, photos.
VATICAN-MONEY LAUNDERING — The Vatican’s criminal tribunal has convicted an Italian builder of using his accounts in the Vatican bank to launder money and sentenced him to 2½ years in prison. SENT: 250 words.
TUNISIA-PROTESTS — Protesters have clashed with police for a third consecutive night in Tunisia after a journalist set himself on fire and died to denounce the economic problems engulfing the North African nation. SENT: 150 words, photos.