BC-Business News Digest
Here are AP Business News' latest coverage plans, top stories and promotable content. All times EST.
New & Developing:
—EARNS-BERKSHIRE-HATHAWAY developing from after-market earnings report.
—Adds: ECONOMY-VOICES, BIRD FLU UPDATE, AUTOMAKERS-UAW CONTRACTS, NEWARK SCHOOLS-FACEBOOK MONEY, ACTIVISION-FILM AND TV STUDIO, BLOOMBERG-CLEAN AIR LAWSUITS-ADS
ECONOMY — U.S. hiring swelled in October by the largest amount all year, and unemployment dropped another notch to 5 percent, making a Federal Reserve interest-rate increase next month a near certainty. By Christopher S. Rugaber. SENT: 700 words, photo.
— ECONOMY-VOICES — Last month's hiring reveals more people dining out, shopping for clothes and buying cars. SENT: 750 words, photos.
— ECONOMY-NUMBERS-GLANCE — A look at the numbers in the jobs report and why they matter. SENT: 450 words, photo.
— ECONOMY-INDUSTRIES-GLANCE — Job gains accelerated in October across a broad range of sectors, including professional services, retail and health care. A breakdown. SENT: 400 words.
— ECONOMY-DEMOGRAPHICS-GLANCE — The data for various demographic groups from a survey of households that is part of the Labor Department's monthly jobs report. SENT: 500 words.
KEYSTONE PIPELINE — President Barack Obama kills a Canadian energy giant's application to build the Keystone XL pipeline, declaring the proposed project wouldn't serve U.S. national interests and would have undercut America's global leadership on climate change. The decision caps a seven-year saga that spiraled into one of the biggest environmental flashpoints of Obama's presidency. By Josh Lederman. SENT: 900 words, photos, video.
With: KEYSTONE PIPELINE-TIMELINE — A look at the Keystone pipeline's long road to rejection. SENT: 600 words.
JAPAN-TOYOTA-ROBOTICS — Toyota is investing $1 billion in a research company it's setting up in Silicon Valley to develop artificial intelligence and robotics, underlining the Japanese automaker's determination to lead in futuristic cars that drive themselves and apply the technology to other areas of daily life. By Yuri Kageyama. SENT: 650 words, photos.
SWEDEN-POVERTY'S RETURN — The evacuation of a squalid Roma camp this week has forced Sweden to come to terms with a troubling, new reality: For the first time in generations, the egalitarian welfare nation is home to people living in abject poverty, without basic amenities such as sewage, electricity or running water. By Karl Ritter. SENT: 1,000 words, photos.
TINY HOUSE TRYOUTS — More businesses are letting the curious try out tiny living, defined as a house with fewer than 400 square feet. Advocates tout the environmental and financial perks of living smaller. By Collin Binkley. SENT: 750 words, photos, video.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks have a mixed reaction to the surprisingly strong October jobs report as investors adjust to the prospect of higher interest rates as early as next month. By Ken Sweet. SENT: 700 words, photos.
CONSUMER BORROWING — U.S. consumer borrowing jumped by a record amount in September, driven higher by big gains in borrowing for auto and student loans. By Martin Crutsinger. SENT: 270 words, photo.
CHINA-STOCK MARKET SLIDE — China is resuming initial public stock offerings as it winds down emergency measures imposed to stop a market plunge. By Joe McDonald. SENT: 300 words.
RETIREMENT SAVERS-STAYING CALM — When fear was pumping through the stock market this summer, most retirement savers kept their cool. So say figures from Fidelity, which looked at how investors in its nearly 20 million retirement accounts behaved as stocks tumbled from New York to Shanghai during the turbulent third quarter. By Stan Choe. SENT: 500 words.
EARNS-BERKSHIRE HATHAWAY —Berkshire Hathaway Inc.'s third-quarter profit more than doubled as the completion of the Kraft-Heinz merger boosted the value of its stake in the food giant. SENT: 150 words. UPCOMING: 300 words by 6 p.m.
JAPAN-EARNS-TAKATA — Embattled Takata Corp. reports a half-year loss of 5.6 billion yen ($45.8 million) due to recall costs, as Toyota announced it would stop using Takata air bag inflators at the center of the company's massive product safety scandal. By Elaine Kurtenbach. SENT: 500 words, photo.
AUTOMAKERS-UAW CONTRACTS — The United Auto Workers union reachs a tentative contract agreement with Ford, a sign that union leaders expect General Motors workers to approve a similar four-year deal. By Tom Krisher and Dee-Ann Durbin. SENT: 550 words, photos. Will be updated with vote totals, expected Friday evening. Incorporates BC-US-UAW-General Motors and BC-US--Ford-UAW Contract.
OIL SPILL-DELETED TEXTS — A former BP engineer accused of deleting text messages after the Gulf oil spill and ensuing investigation pleaded guilty Friday to lesser charges and avoided prison time. By Kevin McGill. SENT: 500 words, photos.
BIRD FLU UPDATE — Commercial chicken and turkey farms affected by bird flu cleared to restock. SENT: 350 words.
ASTRAZENECA-ZS PHARMA — Anglo-Swedish drug firm AstraZeneca acquires U.S.-based biopharmaceutical company ZS Pharma in a deal worth $2.7 billion. SENT: 150 words.
GERMANY-LUFTHANSA-STRIKE — Germany's flagship airline, Lufthansa, cancels 290 flights as cabin crew workers go on strike at Frankfurt and Duesseldorf airports. SENT: 160 words, photos.
BLOOMBERG-CLEAN AIR LAWSUITS-ADS — Ex-New York mayor launches ads against 4 attorneys general fighting Obama carbon-cutting plan. SENT: 130 words.
TECHNOLOGY & MEDIA:
DIGITAL LIFE-UNUSUAL ANDROID PHONES-REVIEW — New Android phones appear with regularity, but far too few of them really seem ... new. Here's a review of three Android phones that offer something different. By Anick Jesdanun. SENT: 1,000 words, photos.
SQUARE-IPO — Square, the six-year-old company known for its white, cube-shaped card readers that plug into smartphones, is boosting its planned initial public offering value by 47 percent in what has become a very dicey market for new companies trying to raise cash. SENT: 420 words, photo.
NEWARK SCHOOLS-FACEBOOK MONEY — Five years after $100 million donation, Zuckerberg talks success and lessons learned in Newark. SENT: 380 words.
ACTIVISION-FILM AND TV STUDIO —Video game maker Activision Blizzard planning 'Call of Duty' film, 'Skylanders' show. By Derrik J. Lang. SENT: 400 words, photos.
ECONOMY-GERMANY — German industrial production falls again in September as evidence increased that weaker economies in China and elsewhere are taking a toll. SENT: 130 words.
MONEY & MARKETS SUMMARY:
CENTERPIECE — U.S. economic growth tapped the brakes between July and September, but few alarm bells are ringing. UPCOMING: Graphic expected by 6 p.m.
COMPANY SPOTLIGHT — Kraft Heinz shares slid this week after the food maker announced plans to slash jobs, close plants and reported a quarterly loss. UPCOMING: Graphic expected by 6 p.m.
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