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SUPREME COURT-INTERNET TAXATION
WASHINGTON — On perhaps the busiest online shopping day of the year, the Supreme Court refuses to wade into a dispute over New York state's taxes on purchases on websites like Amazon.com. The move likely will prompt more states to attempt to collect taxes on Internet sales. By Jesse Holland. SENT: 300 words. UPCOMING: 650 words by 4 p.m.
NEW YORK — It's the day of the online deal. Millions of shoppers are expected to click on items on Monday to take advantage of online holiday deals. But this year so-called Cyber Monday seems to have stretched into Cyber Week or even Cyber Month, with retailers from Amazon to Wal-Mart rolling out online deals since the beginning of November. Still, Cyber Monday is expected to be the busiest online shopping day of the year. By Mae Anderson. SENT: 530 words. UPCOMING: 600 words by 4 p.m., photos.
— WALL STREET — Shoppers spent less over the Thanksgiving weekend and that is weighing on stocks. Shoppers turned out in record numbers over the four-day Thanksgiving weekend, but they spent less than they did last year. SENT: 400 words, photo. UPCOMING: 700 words by 5 p.m.
NEW YORK — Amazon.com is working on a way to get customers their goods in 30 minutes or less — by drone. Consider it the modern version of a pizza delivery boy, minus the boy. But the company says it will take years to advance the technology and for the Federal Aviation Administration to create the necessary rules and regulations. SENT: 880 words, photos
— AMAZON-DRONE DELIVERY-USES — Don't want to spend $8.50 for a beer at the ballpark? Order up a six-pack, delivered by drone. Some novel ways consumer might make use of a delivery drone service.
WASHINGTON — Pilots are becoming so reliant on the computer systems that do most of the flying in today's airliners that on the rare occasions when something goes wrong, they're sometimes unprepared to take control, according to aviation safety experts and government and industry studies. By Joan Lowy. SENT: 900 words, photo.
FAST FOOD PROTESTS
NEW YORK — Fast-food workers in about 100 cities will walk off the job this Thursday, organizers say, which would mark the largest effort yet in a push for higher pay. The actions are intended to build on a campaign that began about a year ago to call attention to the difficulties of living on the federal minimum wage of $7.25 an hour. By Candice Choi. SENT: 500 words, photo.
MARKETS & ECONOMY:
WASHINGTON — U.S. manufacturing grew in November at the fastest pace in 2½ years as factories ramped up production, stepped up hiring and received orders at a healthy clip. By Christopher S. Rugaber. SENT: 570 words.
WASHINGTON — U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell. By Josh Boak. SENT: 500 words, photos.
— OIL PRICES — The price of oil drifts up to around $93 a barrel as China's manufacturing growth held steady at a modest pace in November. SENT: 260 words. UPCOMING: 450 words by 3:30 p.m.
— TREASURY BILL-DELAY — The Treasury Department has delayed the weekly auction of three-month and six-month Treasury bills because of an error that occurred during testing their auction system. SENT: 100 words.
— FRANCE-INSIDER TRADING — The Paris prosecutor's office says a French court has ordered a trial for Daimler AG and Lagardere SCA as well as EADS executives in an insider trading investigation dating to 2006. SENT: 120 words.
WASHINGTON — President Barack Obama's new and improved health care website will face its next big test when a year-end enrollment crunch is expected to hit in a couple of weeks. Until now the main damage from technology woes has been to Obama's poll ratings, but it will be average Americans feeling the consequences if HealthCare.gov chokes in coming weeks. By Ricardo Alonso-Zaldivar. UPCOMING: 750 words by 3 p.m., photo.
NEW YORK — The way Frank DiPascali tells it, Bernard Madoff planted the seeds of deception for his $17 billion Ponzi scheme back in the 1970s, when his firm was in a small office at 110 Wall Street. DiPascali, the government's star witness, is expected to testify against five of his former co-workers at Bernard L. Madoff Investment Securities. By Tom Hays. SENT: 860 words, photo.
NYC TRAIN DERAILMENT
NEW YORK — Federal authorities begin investigating what caused a New York City commuter train rounding a riverside curve to derail, killing four people and injuring more than 60 others. Some question whether federally mandated auto-slowdown technology — not yet installed on the Metro-North tracks — could have prevented the crash. By Jim Fitzgerald and Jennifer Peltz. SENT: 1000 words. UPCOMING: 750 words by 5 p.m. Photos, video.
— SUPREME COURT-HEALTH CARE — The Supreme Court has turned away a Christian university's attempt to overturn a key part of the Obama administration's health care law. SENT: 120 words.
— BANK OF AMERICA-FREDDIE MAC — Bank of America will pay $404 million to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade. SENT: 150 words.
— DOW CHEMICAL-SALE — Dow Chemical is looking to separate about 40 manufacturing plants from its business as it continues to concentrate on moving away from cyclical commodity products. SENT: 290 words.
— FOREST LABS-RESTRUCTURING — Forest Laboratories says it plans to cut $500 million in costs in about two years, and also plans to buy back up to $1 billion in company stock. SENT: 360 words.
— SWEDEN-VOLVO-SELF-DRIVING — Volvo Car Group has joined the race to develop self-driving cars, saying it plans to build 100 such vehicles in a pilot project. SENT: 130 words.
— SWEDEN-SAAB — For the first time in two and a half years, a new Saab sedan has rolled off the production line in Trollhattan in south-west Sweden. SENT: 390 words, photos.
— GULF OIL SPILL-INDICTMENT — A former BP engineer charged with deleting text messages and voicemails about the company's response to its massive 2010 oil spill in the Gulf of Mexico is set to face a jury, more than three years after the Justice Department launched a criminal probe of the disaster. SENT: 580 words. UPCOMING: Updates as seletion progresses.
— HESS INDONESIA — Energy company Hess is selling its Indonesia assets to a joint venture between PT Pertamina and PTT Exploration and Production Co. Ltd. for $1.3 billion. SENT: 130 words.
— BRITAIN-LLOYDS BANK — Lloyds Banking group says it has named Norman Blackwell as its new chairman. The bank is emerging from a time of trouble — it is back in profit and the government is selling off its stake it had taken in exchange for a bailout. SENT: 120 words.
TECHNOLOGY & MEDIA:
DIGITAL LIFE-TECH TEST-BUDGET LAPTOPS GIFT GUIDE
NEW YORK — There's no shortage of new laptop computers on the market this holiday season, even for those on a budget. You just have to decide what features are most important to you and the person you're shopping for. By Bree Fowler. UPCOMING: About 900 words by noon, photos.
— BLACKBERRY LETTER — BlackBerry's interim chief executive says reports of the death of the company "are greatly exaggerated." Former Sybase CEO John Chen says in a letter to customers Monday that BlackBerry is returning to its roots, refocusing on delivering devices and services to business users. SENT: 130 words.
TOKYO — The Japanese economy minister involved in talks with the U.S. and other countries on a Pacific Rim trade pact has been hospitalized for tests, just as the negotiations approach a year-end deadline. By Elaine Kurtenbach. SENT: 340 words, photo.
HONG KONG — Chinese manufacturing barely expanded in November, growing at about the same rate as the previous month, two surveys showed in further evidence that the world's No. 2 economy is undergoing a sluggish recovery. By Kelvin Chan. SENT: 320 words.
KIEV, Ukraine — Thousands of Ukrainian protesters besiege government buildings in Kiev and call for the ouster of the prime minister and his Cabinet, as anger at the president's decision to ditch a deal for closer ties with the European Union gripped other parts of the country and threatened his rule. By Yuras Karmanau and Maria Danilova. SENT: 1,050 words, photos.
— EUROPE-US-COUNTERFEIT GOODS — Europol says American and European authorities have taken control of 690 websites that were selling counterfeit merchandise. SENT: 130 words.
— CHINA-BRITAIN — British Prime Minister David Cameron oversaw the signing of agreements in areas from space exploration to football training during an official visit to China that compensates for one earlier scrapped by Beijing in retaliation for his meeting with the Dalai Lama. SENT: 440 words, photos.
— HONG KONG-BRUCE LEE — Bruce Lee fans who covet the original yellow jumpsuit that the martial arts legend wore onscreen will get a chance to bid for it at a Hong Kong auction this week. SENT: 300 words, photos.
— GREECE-HEATING WOES — Greek authorities say a 13-year-old girl has died after inhaling fumes from a wood-burning stove her mother was using to heat the home after its electricity was disconnected. The case has raised concern about poor families' ability to cope with the encroaching winter. SENT: 140 words.
— GERMANY-BEER-PURITY — German beer brewers are seeking a 500th birthday present for their famed purity law: an official seal of approval as world heritage. SENT: 130 words.
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Room to run?
Shares of Amazon.com set an all-time high of $394.10 on Black Friday, the traditional start of the holiday shopping season. As shares moved up, consumers spent nearly $1.2 billion online, a 15 percent increase over last year, according to comScore.com. That's good news for Amazon investors, but even with the stock's nearly 60 percent rise this year, financial analysts are still largely behind Amazon. UPCOMING: Graphic expected by 6 p.m.
FDA extends review of Biogen drug
Biotechnology company Biogen Idec said Monday the Food and Drug Administration extended its review of Alprolix, a drug designed to treat hemophilia B. UPCOMING: Graphic expected by 6 p.m.