BC-Business News Digest
Business News at 10 p.m.
The supervisor is Dorothea Degen (800-845-8450, ext. 1680). For photos, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport@ap.org or call 877-836-9477.
If you have questions about transmission of financial market listings, please call 800-3AP-STOX.
A selection of top photos can be found at: http://bit.ly/APTopPhotos .
All times EDT.
Editors: The business desk will reopen Tuesday at 6 a.m. This is a digest of stories moving overnight. If you have issues overnight please call 212-621-1600.
TOP STORIES:
FED-GLOBAL ECONOMY
WASHINGTON — Fears that a sputtering global economy will slow hiring, hold inflation too low and keep investors on edge could cause the Fed to delay its first interest rate increase — or raise rates more slowly than expected. Economists note that the Fed's vice chair has said that even if the U.S. grows briskly, a global slowdown might lead the Fed to keep rates low for a longer period. By Christopher S. Rugaber. UPCOMING: 750 words by 2 p.m.
EARNINGS
EARNS-JPMORGAN
JPMorgan releases quarterly earnings before the market opens.
EARNS-CITIGROUP
Citigroup releases quarterly earnings before the market opens.
— EARNS-JOHNSON & JOHNSON — Johnson & Johnson releases quarterly earnings before the market opens.
— EARNS-WELLS FARGO — Wells Fargo releases quarterly earnings before the market opens.
TECHNOLOGY & MEDIA:
AUGMENTED REALITY-WORK OR PLAY?
NEW YORK — Augmented reality brings virtual monsters and heroes to life on city streets and even your own backyard. But as wearable technology becomes more mainstream, AR is moving beyond games. Businesses are finding practical uses that can solve real problems. By Salim Essaid. UPCOMING: 700 words, photos, video by 1 am.
INTERNATIONAL:
— GERMANY-ECONOMY — Germany's ZEW institute releases its monthly index of investor confidence in Europe's biggest economy.
— IRELAND-AUSTARITY — Irish Finance Minister Michael Noonan unveils Ireland's eighth straight austerity budget as the country continues its long march back from the brink of bankruptcy.