Among the stories Friday from The Associated Press:
Among the stories Friday from The Associated Press:
MERGERS-BIG CEO PAY
NEW YORK — The flurry of corporate mergers lately may or may not pay off for shareholders, but one thing is for sure: The bosses who are selling will do just fine. CEOs of selling companies in the 10 biggest deals this year are set to make an estimated $432 million in "golden parachute" payments, according to a study by pay-tracking firm Equilar at the request of The Associated Press. By Bernard Condon. SENT: 860 words, photos.
FRANKFURT, Germany — Japan's return to recession has renewed questions about the effectiveness of buying government bonds to stimulate an economy — and how far such a program would help in Europe. Here's a look at the potential impact of such stimulus in the 18-country eurozone as the European Central Bank considers using it as well. By Pan Pylas and David McHugh. SENT: 980 words, photo.
— EUROPE-STIMULUS-WHAT IS IT? — It's the stimulus measure called quantitative easing, or often simply, "printing money." Here's how it works. SENT: 250 words, photo.
— EUROPE-ECONOMY — European Central Bank head Mario Draghi says the eurozone's chief monetary authority is willing to "step up the pressure" and increase its efforts to stimulate the struggling economy. SENT: 430 words, photos.
WASHINGTON — The White House says President Barack Obama's immigration executive actions would boost the economy by expanding the U.S. labor force and increasing worker productivity. It says average wages would rise over a 10 year period, a claim that Obama critics and even some labor allies dispute. By Jim Kuhnhenn. SENT: 330 words, photo, video.
DIGITAL LIFE-GIFT GUIDE-STREAMING TV PLAYERS
NEW YORK — Even casual viewers of online video will appreciate the ability to watch it on a big-screen TV set. For about $100, you can get a great streaming TV device to do just that. Or for a third of that, you can get a fairly good one. By Anick Jesdanun. SENT: 760 words, photos.
MARKETS & ECONOMY:
NEW YORK — U.S. financial markets surge in early trading as investors cheer a surprise interest rate cut in China and a hint of further stimulus for Europe from the head of the region's central bank. By Alex Veiga. SENT: 420 words, photo. UPCOMING: 700 words by 5 p.m.
— CHINA-ECONOMY — China's central bank unexpectedly slashes interest rates to shore up the world's No. 2 economy, joining a growing list of major economies that are trying to bolster growth amid a global slowdown. By Joe McDonald. SENT: 580 words.
— RUSSIA-SAUDI ARABIA — Russia's foreign minister says there should be no move to cut global energy production, even as the country's economy takes a hit from falling oil prices. SENT: 310 words, photos.
ORLANDO, Fla. — Your local fun zone, amusement center and theme park is facing an existential challenge these days. They need to lure you, the American guest, off your sofa with your high resolution, interactive video games and into their world of fun — real life fun. By Tamara Lush. SENT: 720 words, photos, video.
GAS PIPELINE IMPASSE
BISMARCK, N.D. — The new leader of North Dakota's oil-rich Three Affiliated Tribes is pledging to speed negotiations on a proposed pipeline through tribal land that would curb the wasteful burning of natural gas in the state by more than 10 percent. By James MacPherson. SENT: 580 words, photo.
— JAPAN-US-AIR BAGS — Japan's transport ministry says it has ordered air bag maker Takata to conduct an internal investigation after cases of its air bags exploding triggered safety concerns in the U.S. and other countries. SENT: 300 words.
— DOW CHEMICAL-THIRD POINT — Dow Chemical Co. says it will add four new members to its board of directors after pressure from hedge fund activist Daniel Loeb's Third Point. SENT: 140 words. UPCOMING: Will be updated.
— SPORTS-BETTING — A ruling could come on whether New Jersey horse tracks and casinos can start accepting bets on sports in defiance of the nation's major sports leagues and the federal government. SENT: 280 words. UPCOMING: Will be updated from ruling, timing uncertain, then 500 words by 6 p.m.
— LEXUS RECALL — Toyota is recalling nearly 423,000 Lexus luxury brand cars in the U.S. to fix fuel leaks that can cause fires. The recalls affect the 2006 to 2011 GS, 2007 to 2010 LS and the 2006 to 2011 IS models. SENT: 200 words, photo.
— FRANCE-HSBC — HSBC bank is placed under formal investigation in France over services it offered to clients required to pay taxes in France, just days after the private banking branch was charged in Belgium with organized fiscal fraud. SENT: 220 words.
— GULF PLATFORM-EXPLOSION — An explosion on an offshore oil and gas platform in the Gulf of Mexico kills one person and injures three. SENT: 230 words.
— MOHEGAN SUN-CEO — Mitchell Etess, chief executive of the Mohegan Tribal Gaming Authority, says he plans to retire next year, but will stay on in a transition. SENT: 130 words.
TECHNOLOGY & MEDIA:
LONDON — Artillery booms. A trench comes into view. Soldiers huddle into overcoats for warmth. The scene is the unlikely backdrop for a holiday commercial that has many Britons reaching for hankies — and others demanding it be pulled from the air. The 3-minute, 40-second mini-movie from the Sainsbury's grocery chain has sparked debate on whether it is appropriate for corporations to use sensitive national history for commercial use. By Danica Kirka. SENT: 960 words, photos.
— AEREO-BANKRUPTCY — Online streaming service Aereo says it has filed for Chapter 11 bankruptcy protection, saying an unfavorable ruling by the U.S. Supreme Court was too difficult to overcome. SENT: 260 words, photo.
— MALAYSIA-FUEL SUBSIDIES — Malaysia's government says it will completely withdraw fuel subsidies from next month following the plunge in global oil prices. SENT: 300 words.
— NETHERLANDS-GOLD — The Dutch Central Bank says it has recently shipped 122.5 tons of gold worth around 4 billion euros ($5 billion) from safekeeping in New York back to its headquarters in Amsterdam. SENT: 120 words.
— GREECE-BUDGET — Greece's government submits its 2015 budget to Parliament, predicting the economy will emerge from recession with growth of 2.9 percent next year. SENT: 130 words, photos.