Business News at 10:00 p.m.
Business News at 10:00 p.m.
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Editors: The business desk will reopen Friday at 6 a.m. This is a digest of stories moving overnight. If you have issues overnight please call 212-621-1600.
SUPER BOWL ADS-TOP 10
NEW YORK — It's the Super Bowl, advertising's greatest showcase, and advertisers have pulled out all the stops with glittering celebrities, cinematic story lines and adorable animals. Here's the top 10 ads to watch out for during the big game this Sunday. By Mae Anderson. UPCOMING: 500 words, photos by 3 a.m.
MARKETS & ECONOMY:
WASHINGTON — The Commerce Department reports how much consumers spent and earned in December. Consumer spending is closely watched because it drives 70 percent of economic activity. By Martin Crutsinger. UPCOMING: 130 words after release of report at 8:30 a.m., 400 words by 9:30 a.m., photo.
OBAMA VS ENVIRONMENTALISTS
WASHINGTON — The White House has rebuffed repeated protests by some of President Barack Obama's top environmental allies that his climate strategy won't work. The heads of 18 environmental groups went public recently with a complaint they have privately pressed the White House on for months: Obama's support of expanded oil and gas production doesn't make sense for a president who wants to reduce global warming pollution. UPCOMING: 950 words, photos by 3 a.m.
— SWEDEN-EARNS-ELECTROLUX — Appliance maker Electrolux presents fourth-quarter results. UPCOMING: 130 words by 5 a.m.
— EARNS-MATTEL — Mattel Inc. reports quarterly financial results. UPCOMING: 130 words after report issued at about 6 a.m., xxx words by xx a.m., photo.
— EARNS-MASTERCARD — MasterCard Inc. reports quarterly financial results. UPCOMING: 130 words after report issued at about 8 a.m., xxx words by xx a.m., photo.
— EARNS-CHEVRON — Chevron Corp. reports quarterly financial results. UPCOMING: 130 words after report issued at about 8:30 a.m., xxx words by xx a.m., photo.
VENEZUELA-EXODUS TO IRELAND
CARACAS, Venezuela — Citizens of Venezuela's socialist revolution have grown accustomed to long lines for everything from bread to buying a car. But 26-year-old Daniela Rodriguez hopes this line will be her last. Like some 50 other college graduates, she's been lounging for the past three days on the cement sidewalks of a busy Caracas office district waiting for a consulate stamp that she hopes will be her ticket to a brighter future. Her destination? Ireland, a country she knows almost nothing about. By Joshua Goodman. UPCOMING: 980 words at 12:15 a.m., photos.
— JAPAN-ECONOMY — Japan's consumer price index rose 0.4 percent in 2013, the first increase in five years, in further evidence the recovery in the world's third-largest economy is gaining momentum. SENT: 230 words.
— EUROPE-ECONOMY — Inflation and unemployment figures for the eurozone are due for release and will be watched closely — another drop in inflation would renew pressure on the European Central Bank to loosen its monetary policy at its monthly meeting next week. UPCOMING: 130 words by 5 a.m., 400 words by 7 a.m.