BC-Business News Preview

Staff Writer
Columbus CEO

Among the stories Thursday from The Associated Press:

TOP STORIES:

GREECE-BAILOUT

ATHENS, Greece — Greece's troubled left-wing government is seeking urgent relief from European lenders after it pushed a harsh austerity package through parliament, triggering a revolt in the governing party and violent demonstrations in central Athens. By Elena Becatoros and Derek Gatopoulos. SENT: 850 words, photos, video.

With:

GREEK BAILOUT-RECONSTRUCTION — Hours past a deadline to clinch a Greek bailout deal, German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras were about to walk away from the table Monday, when one text message rescued the talks — and possibly the European currency. Here's a reconstruction of the final night of bailout negotiations. By Raf Casert. UPCOMING: 1,000 words by noon, photos.

And:

— EUROPE-ECONOMY — European Central Bank head Mario Draghi says emergency support to Greek banks will be increased — a first step toward helping the country's banks reopen. By David McHugh. SENT: 410 words, photo.

— GREECE-BAILOUT-THE LATEST — The latest on Greece's financial crisis, by The Associated Press.

AIRBUS CEO-Q&A

DALLAS — The chief executive of Airbus opines on jumbo jets, hackers and whether we'll ever see a passenger plane fly without a pilot. By David Koenig. SENT: 700 words, photo.

DIGITAL LIFE-REVIEW-APPLE MUSIC

Apple Music feels like an attempt to take on every competitive app from Pandora to Spotify to YouTube and advance the idea of online radio at the same time. It feels odd to say this about an Apple product, but Apple Music is complicated to use. By Ryan Nakashima. SENT: 860 words, photo.

MARKETS & ECONOMY:

UNEMPLOYMENT BENEFITS

WASHINGTON — Fewer people sought U.S. unemployment benefits last week as employers remain confident enough in the economy to hold onto their staffs. By Christopher S. Rugaber. SENT: 380 words, photo.

BUILDER SENTIMENT

WASHINGTON — U.S. homebuilders are feeling more confident in their sales prospects than they've been since the high-flying housing boom days a decade ago. By Alex Veiga. SENT: 130 words, photo. UPCOMING: 350 words by 11 a.m.

PHILADELPHIA FED

WASHINGTON — Manufacturing growth in the Philadelphia region falls in July, a sign that factories are struggling to contribute much to the expanding U.S. economy. By Josh Boak. SENT: 130 words. UPCOMING: 350 words by 11 a.m.

MORTGAGE RATES

WASHINGTON — Average long-term U.S. mortgage rates rose this week, reaching highs for the year as investor anxiety over economic turbulence abroad moderated. By Marcy Gordon. SENT: 130 words, photo. UPCOMING: 300 words by noon.

FINANCIAL MARKETS:

NEW YORK — Stocks open higher in the U.S. after several big companies report better earnings. SENT: 100 words, photo. UPCOMING: 700 words, photos.

EARNINGS:

EARNS-CITIGROUP

NEW YORK — Citigroup's profits rebound in the second quarter from the same period a year ago, when the bank recorded a huge legal settlement with regulators. By Ken Sweet. SENT: 460 words, photos.

EARNS-GOLDMAN SACHS

NEW YORK — Goldman Sachs says its second-quarter profit slumped by half on legal costs. By Steve Rothwell. SENT: 210 words, photo. UPCOMING: 500 words by 11 a.m.

— EARNS-EBAY — EBay sells its Enterprise business for $925 million and tops Wall Street expectations for its second-quarter earnings as the online retailer prepares to spin off PayPal. SENT: 250 words.

— EARNS-PHILIP MORRIS — Philip Morris International Inc.'s second-quarter profit rises as market share improves and some costs decline. SENT: 400 words.

— EARNS-UNITEDHEALTH GROUP — UnitedHealth Group hikes its earnings forecast for the second time this year after quarterly profit grows 13 percent and trumps Wall Street expectations. By Tom Murphy. SENT: 370 words, photo.

— SWITZERLAND-EARNS-SWATCH — Prominent Swiss watch maker Swatch says the country's surging currency and below-zero interest rates pushed its earnings down sharply in the first half of this year. SENT: 130 words.

INDUSTRY:

HIDDEN GULF SPILL

WASHINGTON — Capitol Hill lawmakers from Louisiana have intervened on behalf of a New Orleans company that has failed to stop a decade-old oil leak in the Gulf of Mexico but lobbied for a refund of money reserved for spill containment work, according to letters obtained by The Associated Press. By Eric Tucker and Michael Kunzelman. SENT: 1,120 words, photos.

— PEOPLE-PITT-MAHER — Brad Pitt and Bill Maher say Costco contributes to animal cruelty by selling eggs from caged hens. SENT: 350 words, photo.

— EUROPE-CAR SALES — The European carmakers' association says auto sales surged 15 percent in June for the biggest month-on-month increase in more than five years. SENT: 250 words.

TECHNOLOGY & MEDIA:

SKOREA-SAMSUNG-SUCCESSION

SEOUL, South Korea — A vote on combining companies in the Samsung empire is pitting its wealthy founding family against small shareholders and foreign investors in a rare challenge to the power of South Korea's ubiquitous business conglomerates. By Youkyung Lee. SENT: 700 words, photo.

HACKERS HACKED

LONDON — A dramatic breach at an Italian surveillance company has laid bare the details of government cyberattacks worldwide, putting intelligence chiefs in the hot seat from Cyprus to South Korea. The massive leak has already led to one spymaster's resignation — and pulled back the curtain on espionage in the iPhone age. By Raphael Satter. SENT: 870 words.

— UBER TOPS TAXIS — Taxis are losing business travelers to ride-hailing services like Uber, a survey shows. By Scott Mayerowitz. SENT: 380 words, photos.

— CHINA-SEX VIDEO — China reprimands online companies over the spread of a sex video purportedly taken in the fitting room of a store owned by Japanese clothing brand Uniqlo. SENT: 300 words.

— PUBLIC HOUSING BROADBAND — New York City is poised to begin providing free Internet broadband access to more than 16,000 residents of its sprawling public housing system. By Jonathan Lemire. SENT: 510 words.