BC-Business News Preview
Among the stories Tuesday from The Associated Press:
TRUCK TIRE DANGER
Many tractor-trailers are driven on tires built to handle speeds no greater than 75 mph — but 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. The disconnect between highway speed limits and safety standards was discovered by The Associated Press in a government document detailing an investigation into truck tire failures. By Tom Krisher. SENT: 1,300 words, photos, video.
NEW YORK — Google and Microsoft release cheaper laptops and tablets in an effort to reach students, budget-conscious families and overseas markets. By Anick Jesdanun and Michael Liedtke. SENT: 380 words, photo. UPCOMING: Fresh 130 words wrapping in Google when embargo lifts at 1 p.m., 700 words chunky text by 1:15 pm, photos.
MARKETS & ECONOMY:
WASHINGTON — U.S. home prices rise at a steady pace in January, pushing prices up at a faster pace than wages and causing affordability problems in the housing market. By Josh Boak. SENT: 530 words, photo.
WASHINGTON — An improving job market drives U.S. consumer confidence higher this month after a dip in February. By Paul Wiseman. SENT: 130 words, photo.
NEW YORK — U.S. stocks are opening slightly lower following a big advance the day before. By Alex Veiga. SENT: 450 words, photos. UPCOMING: 700 words, photos.
— CHINA-EARNS-HUAWEI — Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, says its 2014 profit rose 33 percent, helped by strong sales of smartphones. SENT: 180 words.
BUILDING COLLAPSE-STEALING GAS
NEW YORK — While officials caution that they aren't certain of the cause of last week's blast in New York's East Village, it is highlighting a long-known problem with potentially deadly consequences: untrained schemers rigging up pipes to save money by siphoning natural gas. By Colleen Long and Jennifer Peltz. SENT: 800 words, photos.
PARIS — French aviation investigators say they'll examine "systemic weaknesses" like cockpit entry rules and psychological screening procedures that could have led to the Germanwings plane crash — issues that could affect the worldwide aviation industry. By Geir Moulson and Jamey Keaten. SENT: 870 words, photos.
TENNESSEE WHISKEY WAR
TRIMBLE, Tenn. — Small distillers say a stiff law dictating what's qualifies as Tennessee whiskey is stifling their business — and a town's boozy revival. By Erik Schelzig. SENT: 750 words, photos.
— FAST FOOD-LABOR — Fast-food labor organizers are expanding the scope of their campaign for $15 an hour and unionization, this time with a day of actions including college campuses. By Candice Choi. SENT: 550 words.
— KRAFT DIETICIANS — A program to put a dietitian group's "Kids Eat Right" logo on Kraft Singles is ending because "misperceptions are overshadowing the campaign," Kraft says. By Candice Choi. SENT: 440 words.
— HARMAN-BANG & OLUFSEN-ACQUISITION — The audio and electronic systems company Harman International Industries Inc. will buy Bang & Olufsen Automotive for about $157.3 million. SENT: 250 words.
— NETHERLANDS-PHILIPS — Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion. SENT: 140 words.
— TOWERBROOK-JJILL-ACQUISITION — Woman's clothing retailer J.Jill says it is being acquired by investment management firm TowerBrook Capital Partners L.P. SENT: 140 words.
— EUROPE-MILK — Dairy farmers protest the lifting of European Union milk quotas, fearing that the move will flood the market with cheap surplus milk. SENT: 600 words, photos.
TECHNOLOGY & MEDIA:
— CHARTER COMMUNICATIONS-BRIGHT HOUSE — Charter Communications Inc. is buying fellow cable operator Bright House Networks LLC in a deal valued at $10.4 billion. SENT: 380 words.
— IBM-INTERNET OF THINGS — IBM is investing $3 billion to build an "Internet of Things" division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help companies better manage their businesses. SENT: 350 words.
— 3D PRINTED HAND — 3D print technology will provide a cheap, lightweight 'robohand' to 7-year-old California girl. By John Rogers. SENT: 580 words. UPCOMING: Will be updated after Faith Lennox receives her new hand about 10 a.m., photos.
— BERKSHIRE HATHAWAY-NEWSPAPERS — Warren Buffett's company adds two small Virginia newspapers to its collection of more than two dozen small and medium-sized newspapers. SENT: 150 words.
— CHINA-INTERNET ATTACKS — Chinese authorities have taken over computers both inside and outside the country to launch cyberattacks against the website of an anti-online censorship group and a U.S.-based web resource that hosts some of the group's data, according to an analysis released by the group. SENT: 340 words.
TOKYO — Japan is not planning to join the China-led Asian Infrastructure Investment Bank, its government spokesman says, while Taiwan announces it would apply for membership, joining dozens of countries in signing up to an initiative opposed by Washington. By Elaine Kurtenbach. SENT: 530 words, photo.
— CHINA-DEPOSIT INSURANCE — China announces plans to offer deposit insurance in May for the first time as part of steps to liberalize the state-owned banking industry. SENT: 210 words.
LONDON — Official figures raise hopes that the current bout of deflation across the 19-country eurozone could be over much sooner than anticipated while unemployment has fallen to a near three-year low. By Pan Pylas. SENT: 710 words.
— BRITAIN-ECONOMY — Britain's national statistics agency says the economy grew faster than previously thought last year. SENT: 140 words.
— GREECE-BAILOUT — Talks between Greece and its creditors over budget reforms the country is proposing to unlock remaining bailout funds have wrapped up for now in Brussels. SENT: 140 words.