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BC-Business News Digest

May 24, 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:

CEO PAY _ Pay for CEOs at the biggest U.S. companies climbed 7% last year, widening the gap between chief executives and their workers, whose pay did not rise as quickly. By Stan Choe. UPCOMING: 1,300 words by 11 a.m., photos, graphic.

With:

CEO PAY-WOMEN _ The few women CEOs who run the largest U.S. companies generally make more money than their male counterparts but aren’t close to the top of the leaderboard when it comes to the biggest pay packages. Sarah Skidmore Sell. UPCOMING: 650 words by 1 p.m., photos.

And:

CEO PAY-SAY ON PAY _ Shareholders are still voting overwhelmingly in favor of big pay packages for CEOs, but there are more pockets of resistance eight years after “say on pay” became a mandatory exercise at annual meetings. UPCOMING: 700 words by 1 p.m., photos.

Also:

— CEO PAY-TOP 10 — Glance showing 10 highest-paid CEOs of 2018. UPCOMING: 300 words by 11 a.m., photos.

— CEO PAY- WOMEN-TOP 10 — Glance showing the 10 highest-paid female CEOs. UPCOMING: 300 words by 1 p.m., photos.

— CEO PAY-TOP PAID BY STATE — Glance showing the top-paid CEO for each state. UPCOMING: 600 words by 1 p.m., photos.

— CEO PAY-METHODOLOGY — Summary of methodology of the AP’s executive compensation survey. UPCOMING: 300 words by 11 a.m.

— CEO PAY-PAY BY INDUSTRY — Glance showing CEO pay by industry. UPCOMING: 150 words by 11 a.m.

— CEO PAY-MEDIAN PAY — Graphic showing the 20 companies with the highest median worker pay, and the 20 with the lowest.

— CEO PAY-PHOTO GALLERY — Photo gallery of the top five paid male CEOs and the top five females.

CHINA-TRADE _ Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies. By Christopher Bodeen. SENT: 700 words, photos.

With:

FINANCIAL MARKETS _ U.S. stocks rebound in morning trading on Wall Street, but are still on track for a third straight week of losses. By Damian J. Troise. SENT: 490 words, photos. UPCOMING: Will be updated through trading, about 700 words by 5 p.m.

AP EXPLAINS-RETIREMENT SAVINGS LEGISLATION _ Americans generally do not have enough saved for retirement and Congress is considering a number of measures to address that. There are a few retirement-related bills of note making their way through Congress, in what could be the most significant changes to retirement rules seen in years. By Sarah Skidmore Sell. SENT: 650 words, photos.

MARKETS & ECONOMY:

DURABLE GOODS _ Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars. By Christopher Rugaber. SENT: 270 words, photo.

INDUSTRY:

BONDS-PRICE FIXING LAWSUIT _ Pennsylvania’s treasury department is accusing about a dozen large financial firms of inflating the price of bonds issued by Fannie Mae and Freddie Mac over seven years. By Marc Levy. SENT: 400 words.

CHINA-AIRLINES-BOEING _ China’s airline industry association has thrown its support behind 13 Chinese carriers seeking compensation from Boeing for groundings of the 737 Max 8. SENT: 250 words, photo.

EARNS-FOOT LOCKER _ Shares of Foot Locker tumbled in early trading on weak profit and revenue numbers. The shoe retailer also cut its outlook for the year. SENT: 350 words, photo.

INTERNATIONAL:

INDIA-ELECTION-WHITHER THE ECONOMY _ Dissatisfaction with India’s lagging economy didn’t deter voters from handing Prime Minister Narendra Modi and his Hindu nationalist party a landslide parliamentary election victory. By Bharatha Mallawarachi. SENT: 850 words, photos.

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.

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