BC-APFN-Business News Digest

Published December 6

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.

New & Developing: TRUMP-COAL, CONSUMER WATCHDOG-NEW HEAD, CLIMATE, CHEAPER EPIPEN RIVAL, FIAT CHRYSLER-DETROIT PLANT

Note: The story listed as US-CHINA-HUAWEI-DEEPENING CONFLICT on earlier digests will not be moving in this cycle.

TOP STORIES:

CHINA-HUAWEI China demands that Canada release an executive of Chinese tech giant Huawei who was arrested in a case that compounds tensions with the U.S. and threatens to complicate trade talks. By Joe McDonald and Rob Gillies. SENT: 1,300 words, photos.

With: CHINA-FIVE THINGS ABOUT HUAWEI 5 Things to Know About Chinese telecoms and phone supplier Huawei after its CFO's arrest. SENT: 540 words, photos.

CLIMATE-SUSTAINABLE SHIPPING European and U.S. tech companies are pitching futuristic sails to help cargo ships harness the free and endless supply of wind power. While they sometimes don't even look like sails some are shaped like spinning columns they represent a cheap and reliable way to reduce CO2 emissions for an industry that depends on a particularly dirty form of fossil fuels. By Kelvin Chan. SENT: 1,000 words, photos.

Also: CLIMATE Divisions deepen at the U.N. climate talks, pitting rich nations against poor ones, oil exporters against vulnerable island nations, and those governments prepared to act on global warming against those who want to wait and see. By Frank Jordans. SENT: 700 words, photos.

CLIMATE-FRANCE PROTESTS The worst riots in Paris in decades were sparked by higher fuel taxes, and French President Emmanuel Macron responded by scrapping them. But taxes on fossil fuels are just what international climate negotiators, meeting in Poland this week, say are desperately needed to help wean the world off of fossil fuels and slow climate change. By Seth Borenstein and Angela Charlton. SENT: 950 words, photos.

With: FRANCE-PROTESTS Paris police and store owners are bracing for new violence at protests Saturday, despite President Emmanuel Macron's surrender over a fuel tax hike that unleashed weeks of unrest. By Angela Charlton and Alex Turnbull. SENT: 500 words, photos.

MEDIA-FOX AFTER AILES More than two years after a sexual misconduct scandal forced Roger Ailes out at Fox News Channel and a year after his death, his ghost walks the halls of the network he built and ran for two decades. By David Bauder. SENT: 1,200 words, photo.

MARKETS & ECONOMY:

FINANCIAL MARKETS U.S. stocks claw most of their way back from a deep slide that at one point had wiped out the market's gains for the year. By Alex Veiga. SENT: 1,100 words, photos.

Also: OPEC MEETING OPEC countries are meeting to find a way to support the falling price of oil, with analysts predicting the cartel and some key allies, like Russia, would agree to cut production by at least 1 million barrels per day. By Kiyoko Metzler and Carlo Piovano. SENT: 820 words, photos.

With: OPEC MEETING-THE LATEST Running updates.

NET WORTH A stock market rally, which has since reversed, propelled U.S. household net worth to a record high of $109 trillion in the July-September quarter. By Christopher Rugaber. SENT: 430 words.

ADP EMPLOYMENT U.S. businesses hired new workers at a solid pace in November, adding 179,000 jobs, according to a private survey. By Christopher Rugaber. SENT: 370 words, photos.

TRADE GAP Record imports in October drove the U.S. trade deficit to the highest level in a decade. By Paul Wiseman. SENT: 140 words, photos.

PRODUCTIVITY U.S. productivity grew at an annual rate of 2.3% in the July-September quarter, slower than the previous quarter but still an improvement over the weak annual gains of the past decade. Labor costs rose at a modest pace in the third quarter. By Paul Wiseman. SENT: 410 words, photos.

ECONOMY SERVICES U.S. services firms grew at a slightly stronger pace in November, a sign that the recent stock market sell-offs have yet to dampen enthusiasm among consumers. By Josh Boak. SENT: 250 words, photos.

MORTGAGE RATES U.S. long-term mortgage rates fell this week amid a steep decline in stock prices. SENT: 360 words, photos.

SMALLBIZ-HIRING Small business hiring bumped higher in November, extending its string of fluctuations that started early in 2018. SENT: 200 words.

CONSUMER WATCHDOG-NEW HEAD In a party-line vote, the Senate approves President Donald Trump's nominee to run the Consumer Financial Protection Bureau, ending a six-month, highly partisan battle over the fate of the powerful consumer watchdog agency. By Ken Sweet. SENT: 550 words.

INDUSTRY:

FIAT CHRYSLER-DETROIT PLANT Fiat Chrysler will open another assembly plant in the Detroit area, according to a person familiar with the automaker's plan. SENT: 130 words. UPCOMING: 250 words by 6 p.m.

WALGREENS-HOME DELIVERIES Walgreens is joining drugstore competitor CVS Health in expanding home deliveries for prescriptions nationwide, as stores continue adjusting to a retail world made more customer-friendly by online competition. By Tom Murphy. SENT: 320 words, photos.

LYFT-IPO Lyft still hasn't caught up to Uber in the rapidly growing ride-hailing market, but it's ahead in the race to sell its stock on the public market where the two companies could potentially raise billions to help finance their expansion. By Michael Liedtke. SENT: 450 words, photos.

TRUMP-COAL The Environmental Protection Agency proposes another rollback aimed at easing controls on emissions from coal-fired power plants, this time for new ones, even as warnings mount from the agency's scientists and others about the growing toll of climate change. By Ellen Knickmeyer. SENT: 400 words, photos.

SAGE GROUSE-ENERGY LEASES The Trump administration moved forward with plans to ease restrictions on oil and gas drilling and other activities across millions of acres in the American West that were put in place to protect an imperiled bird species. By Matthew Brown. SENT: 590 words, photos.

SEARS-TAKOVER BID Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock. SENT: 230 words, photos.

CHEAPER EPIPEN RIVAL A generic drugmaker plans to start selling a slightly cheaper version of the EpiPen in the U.S. early next year. By Linda A. Johnson. SENT: 100 words, photo. UPCOMING: 350 words by 5:30 p.m.

TECHNOLOGY & MEDIA:

TRUMP-TECH MEETING Top executives from Google, Microsoft, IBM, Oracle and Qualcomm gather at the White House amid strained ties between President Donald Trump's administration and the tech industry and an ongoing trade war with China. By Matt O'Brien. SENT: 450 words, photos.

APPLE-HART MONITORING Apple Watch is now fulfilling its promise to let people take EKGs of their heart and notify them when they have an irregular heartbeat. SENT: 270 words, photos.

PERSONAL FINANCE:

NERDWALLET-ITEMIZE TAX DEDUCTIONS The standard deduction nearly doubled for 2018, leaving many taxpayers wondering whether it's financially worth it to itemize on their tax returns anymore. Tax pros share four ways to tell whether it might be time to put away the receipts this tax season and take the standard deduction instead. NerdWallet Columnist By Tina Orem. SENT: 710 words, photos.

INTERNATIONAL:

CUBA-PRIVATE BUSINESS Cuba's government has modified a series of measures unpopular with the country's private sector, including lifting restrictions on the number of business permits a person can have and the number of chairs there can be in restaurants. By Andrea Rodriguez. SENT: 380 words, photos.

GREECE-PENSIONS Greek lawmakers have agreed to fast-track draft legislation to cancel a major round of pension cuts scheduled to take effect on Jan. 1, after bailout lenders agreed they were no longer needed for the country to balance its budget. By Derek Gatopoulos. SENT: 330 words, photos.

MONEY & MARKETS SUMMARY:

SPOTLIGHT

Lam Research shares fell after the Fremont, California technology company said its chief executive resigned amid allegations of misconduct by him.

CENTERPIECE

Coal losing out to renewables

Most coal operations in the world are at risk of becoming unprofitable over the next two decades, according to a new report by Carbon Tracker, a financial think tank focused on energy.

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: [email protected], or 877-836-9477. Questions about transmission of financial market listings, call 800-3AP-STOX.

The full 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

Advertisement