BC-APFN-Business News Preview
Among the stories Wednesday from The Associated Press:
NEW YORK — Marcus Lemonis, host of CNBC's "The Profit," believes every troubled company can be turned around if owners are willing to set aside their pride and change every aspect of the business. By Joyce M. Rosenberg. SENT: 760 words, photos.
— SMALLBIZ-LEMONIS-BIO BOX
DIGITAL LIFE-REVIEW-COMING THIS FALL
SAN FRANCISCO — New features promised for smartphones, tablets and watches could improve how we interact with technology. Here's a look at what I'm looking forward to most this fall. By Anick Jesdanun. SENT: 750 words, photos.
MARKETS & ECONOMY:
NEW YORK — U.S. stocks climb early, breaking a weeklong slump. SENT: 370 words, photos. UPCOMING: 700 words by 5 p.m.
— SPAIN-EARNS-INDITEX — Spanish clothes retailer Inditex, owner of the Zara store chain, says its net profit rose by 28 percent in the first quarter following a boost in sales. SENT: 120 words.
— TAKATA-AIR BAGS-DEATH — A Louisiana woman who died after her Honda crashed on April 5 may be the seventh person killed by faulty Takata air bags. SENT: 130 words. UPCOMING: Will be updated.
— JAPAN-US-INSURANCE ACQUISITION — Insurer Tokio Marine Holdings Inc. says it has agreed to buy U.S. insurance company HCC for about $7.5 billion. SENT: 130 words.
— TARGET-BUYBACK — Target is doubling its share buyback program to $10 billion and boosting its quarterly dividend by 7.7 percent. SENT: 130 words.
— CONGRESS-TRADE-LABOR — Organized labor's fierce opposition to President Barack Obama's trade agenda threatens to split the political left and deal a new blow to unions if the president prevails in a House vote scheduled for Friday. By Charles Babington. SENT: 970 words, photo.
— CALIFORNIA OIL SPILL — Officials deny a request by Exxon Mobil to temporarily use tanker trucks to transport crude oil from offshore wells through Santa Barbara County after a recent pipeline break that has become the state's largest coastal oil spill in 25 years. SENT: 360 words.
TECHNOLOGY & MEDIA:
VIRTUAL DOCTOR VISITS
Walgreens expects to reach about half the country by the end of the year with a new telemedicine service that lets people see doctors for minor ailments without leaving the home or office. Experts say growing smartphone use and customer demand are fueling a rapid expansion of telemedicine into everyday care the family doctor used to handle. By Tom Murphy. SENT: 500 words.
— MARRIOTT-NETFLIX — Marriott International Inc. says its flagship hotel unit will offer guests access to Netflix Inc.'s streaming-video service on TVs in its guest rooms. SENT: 130 words, photo.
— SWEDEN-SPOTIFY — Music streaming company Spotify says it has gotten a new investment from TeliaSonera, a Nordic telecoms company, as it looks to compete globally with similar services from Apple Inc. and others. SENT: 280 words.
ATHENS, Greece — Greece's European creditors make it clear that the country has to improve its offers in ongoing bailout talks if a meeting among leaders in Brussels is to yield a breakthrough. By Elena Becatoros and Raf Casert. SENT: 680 words, photo. UPCOMING: Will be updated.
BEIJING — China needs to better protect trade secrets and fairly enforce business rules to ensure European investment and hiring at a time when Chinese leaders are trying to foster a more innovative economy, the biggest European business group in China says. By Ian Mader. SENT: 620 words, photos.
— RUSSIA-SANCTIONS — The Kremlin's chief of staff says Russia will keep its ban on Western food in place as long as the West maintains its sanctions against Russia. SENT: 140 words, photo.