BC-APFN-Business News Preview

Staff Writer
Columbus CEO

Among the stories Monday from The Associated Press:



NEW YORK — A wealthy architect, a young, widowed Mom and a PacBell employee lost much of their retirement savings and their faith that stock brokers would put their needs ahead of fat commissions and fees. These cases and others are compelling the White House to back tougher standards for brokers at a time when more Americans than ever rely on them for retirement planning. By Bernard Condon. SENT: 1,570 words, photos. Abridged version, 930 words, also SENT.


— BROKERS-STRICTER RULES-TIPS — Here are Four key questions to ask your broker and tips for finding the answers. SENT: 360 words.


The nation's largest health insurer, UnitedHealth, will muscle up in its fight against rising specialty drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp. By Tom Murphy. SENT: 520 words, photo.


DEARBORN, Mich. — Once the sedan of presidents, the Lincoln Continental was mothballed by Ford last decade. Now it's back, in a nod to Lincoln's improved sales in the U.S. and an appetite for luxury brands in China. By Dee-Ann Durbin. SENT: 800 words, photos.


— AUTO SHOW-LINCOLN CONTINENTAL-PHOTO GALLERY — A look at the Lincoln Continental through the years, from 1940s classics to JFK's limousine to the concept being shown at this week's New York auto show. SENT: 250 words, photos.


NEW YORK — The last Passover matzos have rolled out of a century-old bakery on Manhattan's Lower East Side — a neighborhood that's been dubbed the "Jewish Plymouth Rock." By Verena Dobnik. SENT: 720 words, photos, video.


PETRA, Jordan — It's high season in Petra, an ancient city hewn from rose-colored rock and Jordan's biggest tourist draw, yet nearby hotels stand virtually empty and business is at a standstill. Petra's slump is part of a sharp decline in tourism as Jordan's economy pays a price for the kingdom's role in the U.S.-led battle against Islamic State militants next door. By Karin Laub. SENT: 1,070 words, photos.



WASHINGTON — U.S. consumers spend slightly more in February following two straight monthly declines and their income rises by a healthy amount, a development that economists hope will keep boosting spending in coming months. By Martin Crutsinger. SENT: 550 words, photo.


WASHINGTON — More Americans signed contracts to buy homes in February, evidence that the spring buying season could open strong after sluggish sales for much of the winter. By Josh Boak. SENT: 480 words, photo.


NEW YORK — U.S. stocks moved sharply higher in early trading Monday, as investors welcomed encouraging economic data on consumer spending in the U.S. By Alex Veiga. SENT: 390 words, photos. UPCOMING: 700 words by 5 p.m.


DUBAI, United Arab Emirates — The deputy governor of Saudi Arabia's investment authority says the country faces challenges attracting foreign investment outside its oil and gas sectors, but that several initiatives in place are helping to change investors' perceptions. By Aya Batrawy. SENT: 140 words. UPCOMING: Will be updated.

— ECONOMIC FORECAST — A business economics group has boosted its outlook for U.S. economic improvement this year and next, particularly for job growth. SENT: 510 words.



WASHINGTON — Two major companies in a prominent $1.4 billion Asia investment fund managed by New York banking giant Morgan Stanley unexpectedly told securities regulators they will not file their financial statements on time and froze trading in their stocks, actions generally considered to be cause for concern. By Jeff Horwitz. SENT: 900 words, photos.


DETROIT — Those pricey high-tech systems that automatically stop or slow your car if it's about to run into something are getting a lot cheaper. By Tom Krisher. SENT: 620 words.


ALBUQUERQUE, N.M. — A pipeline project intended to bring billions of gallons of water a year to a drought-stricken section of eastern New Mexico represents a lifeline to parched communities that are quickly running out of water. The lifeline, however, might not reach the region for more than a decade. By Susan Montoya Bryan. SENT: 1,030 words, photo.

— TEVA-AUSPEX-ACQUISITION — Teva Pharmaceutical Industries Ltd. is buying Auspex Pharmaceuticals Inc. for about $3.2 billion in a move to strengthen its position on central nervous system condition treatments. SENT: 200 words.

— HORIZON PHARMA-HYPERION-ACQUISITION — Horizon Pharma is buying Hyperion Therapeutics for about $1.1 billion, gaining two treatments for genetic disorders. SENT: 220 words.

— HEALTHWAYS-REVIEW — Healthways' board decides against selling the company after reviewing its strategic options to boost shareholder value. SENT: 120 words.

— SOUTH KOREA-FIGHTER JETS — South Korea chooses a state-run aircraft maker as the sole preferred bidder for a contract to develop a midlevel fighter jet with the help of Lockheed Martin Corp. in the country's biggest-ever weapons development project. SENT: 240 words, photo.

— GNC-HERBAL PRODUCTS — GNC Holdings Inc. says it has reached a deal with New York Attorney General Eric Schneiderman over its Herbal Plus products. SENT: 270 words.

— RADIOSHACK-BANKRUPTCY — RadioShack creditor Salus says it won't improve its bid as it fights with another buyer for the electronics chain, hedge fund Standard General. SENT: 140 words. UPCOMING: May be updated after hearing.


— FRANCE-PLANE CRASH — German prosecutors say the co-pilot of the Germanwings passenger plane that crashed in the French Alps had received treatment for suicidal tendencies. SENT: 150 words, photos.

— THAILAND-AVIATION SAFETY — Thailand's transport minister says the country's junta leader may exercise extraordinary constitutional powers to expedite safety improvements in the aviation sector, which is facing international sanctions. SENT: 150 words.

— TURKEY-PLANE THREAT — Turkish Airlines says it diverted an Istanbul-to-Sao Paulo flight with 256 people aboard to Morocco after finding a note with the word "bomb" in the toilet. SENT: 120 words.

— JETBLUE-DELAYS — A computer outage that caused delays for thousands of JetBlue Airways passengers has been resolved, the company says. SENT: 180 words, photo.


— PLAYSTATION-SPOTIFY MUSIC — Spotify is coming to the PlayStation, replacing Sony's own Music Unlimited service, as the company continues to expand the game console into an entertainment hub beyond video games. SENT: 310 words, photo.

— BERNANKE-BLOGGER — Former Federal Reserve Chairman Ben Bernanke is getting a new title — blogger. SENT: 230 words, photo.

— CHINA-US — U.S. Treasury Secretary Jacob Lew presses Chinese leaders to suspend proposed curbs on foreign security technology and says a Beijing-led regional bank should work in partnership with existing institutions, an American official says. SENT: 500 words, photos.

— TIM COOK-RELIGIOUS OBJECTIONS — Apple CEO Tim Cook says so-called "religious objection" legislation being introduced in a number of states is dangerous and bad for business. SENT: 300 words.


— GREECE BAILOUT — With its next financial deadline looming, Greece is struggling to convince its creditors it has a viable economic reform plan to unlock emergency funds and prevent the country from going bankrupt. SENT: 480 words, photos.