BC-Business News Digest
Here are AP Business News' latest coverage plans, top stories and promotable content. All times EST.
THANKSGIVING TRAVEL — A stronger economy and lower gas prices mean Thanksgiving travelers can expect more congested highways this year. During the long holiday weekend, 46.9 million Americans are expected to go 50 miles or more from home, the highest number since 2007, according to travel agency and car lobbying group AAA. By Scott Mayerowitz. SENT: 920 words, photo.
ZUCKERBERG-PHILANTHROPY — Only on AP: Facebook CEO Mark Zuckerberg and his wife talk with AP about their approach to giving away money, in the run-up to opening a new San Francisco public hospital stocked with $75 million worth of cutting-edge medical equipment that was funded by the mega-wealthy couple. By Brandon Bailey. UPCOMING: 600 words, photos. Embargoed until 3 p.m. EST.
JAPAN-ECONOMY-FIVE THINGS TO KNOW — Here are five things to know about Japan's ailing economy, which sank into technical recession in the third quarter, contracting at an annualized pace of 0.8 percent. By Yuri Kageyama. SENT: 500 words, photos.
SELF-DRIVING CARS-TEXAS — With Google's self-driving cars slowed in a gridlock of California regulation, Texas is offering a fast lane for the tech company to test prototypes on its streets. AP Exclusive By Paul J. Weber and Justin Pritchard. SENT: 980 words, photos.
DIGITAL LIFE-STREAMING TV GADGETS-GIFT GUIDE — Watching video on a phone or personal computer can feel unsatisfactory. Here's a guide to devices that help you get streaming movies and TV shows onto regular TV sets. By Anick Jesdanun. SENT: 930 words, photos.
MARKETS & ECONOMY:
FEDERAL RESERVE-YELLEN — Federal Reserve Chair Janet Yellen says legislation supported by House Republicans to make the Federal Reserve more transparent and accountable would be a "grave mistake" that could harm the U.S. economy by decreasing its political independence. By Martin Crutsinger. SENT: 130 words. UPCOMING: Will be updated.
CONSUMER PRICES — The costs of food, gasoline, shelter and medical care rise last month, a sign that consumer inflation may be moving up toward the Federal Reserve's target level and keeping the Fed on track to raise short-term interest rates from record lows next month. By Josh Boak. SENT: 580 words, photo.
INDUSTRIAL PRODUCTION — U.S. manufacturing output rises in October for the first time in three months as factories crank out more steel, cars and computers. By Christopher S. Rugaber. SENT: 440 words, photo.
BUILDER SENTIMENT — U.S. homebuilders are feeling slightly less confident in their sales prospects heading into next year, even as their overall sales outlook remains favorable. By Alex Veiga. SENT: 360 words, photo.
FOREIGN HOLDINGS — The Treasury Department reports on foreign holdings of U.S. debt for September. In August, holdings fell slightly even though China, the biggest foreign owner of U.S. government debt, slightly increased its holdings. By Martin Crutsinger. UPCOMING: 130 words after release of report at 4 p.m. 350 words by 4:45 p.m.
FINANCIAL MARKETS — Major U.S. stock indexes were up in afternoon trading, getting a lift from encouraging quarterly results from Wal-Mart Stores, Home Depot and other big retailers. By Alex Veiga. SENT: 780 words, photo. UPCOMING: 700 words by 5 p.m., photos.
IRAN-OIL — Iran says it will export an additional 500,000 barrels of oil a day after sanctions are lifted under a landmark nuclear deal in a bid to reclaim its market share despite low prices. By Ali Akbar Dareini. SENT: 380 words, photos.
EARNS-WAL-MART — Walmart reports improved customer traffic and an uptick in a key sales figure during the third quarter, even as a stronger dollar pressures its performance overseas. SENT: 500 words, photo.
EARNS-HOME DEPOT — The Home Depot Inc. reports its profit rose 12.2 percent in its fiscal third-quarter as sales gain ground, fueled partly by a continued housing market recovery. SENT: 250 words, photo.
GLOBAL DRUG SPENDING — As the furor over soaring prescription drug prices in the U.S. continues, global spending on medicines is expected to rise from 4 percent to 7 percent annually over the next five years, to a total of about $1.4 trillion in 2020, according to a new forecast from data firm IMS Health. By Linda A. Johnson. UPCOMING: About 800 words by 4:30 p.m. Embargoed until 12:01 a.m. EST Wednesday, NOT FOR ONLINE OR BROADCAST USE BEFORE MIDNIGHT EST.
SMALLBIZ-PULSE — Small business owners have had a burst of optimism even as the economy has slowed, according to a recent survey by Bank of America. By Joyce M. Rosenberg. SENT: 380 words.
EUROPE-CAR SALES — European car buyers appear reluctant to punish Volkswagen for its emissions scandal, penalizing the German automaker's sales last month no more than some of its mass-market competitors. By Colleen Barry. SENT: 350 words.
TECHNOLOGY & MEDIA:
APPLE PAY EXPANSION — Apple's year-old mobile-payments service is expanding to more countries, banks and merchants, as it faces growing competition and some challenges before it becomes as commonplace as plastic cards. By Anick Jesdanun. SENT: 600 words.
IAC-ANGIE'S LIST — Angie's List says that its board has rejected a $512 million takeover deal from Internet company IAC/InterActiveCorp. SENT: 150 words.
TRAVEL-DRONES-SKI RESORTS — Some US ski resorts look to provide customers with ultimate selfie in 'drone zones.' By Thomas Peipert. SENT: 750 words, photos.
GREECE-BAILOUT — Greece reaches an agreement with European creditors on economic measures it needs to introduce so it can get its next batch of bailout money, including a 10 billion-euro ($10.7 billion) cash injection for its crippled banks. By Pan Pylas and Lorne Cook. SENT: 800 words, photos.
APEC — Asia-Pacific leaders are voicing outrage over the attacks in Paris as security and geopolitical concerns overshadow talks on trade and the economy at an annual regional summit being held under ultra-tight security in the Philippines. By Jim Gomez. SENT: 800 words, photos.
EUROPE-BUDGETS — The European Union warns that another three of the 19 countries that use the euro, including Italy, the region's third-largest economy, are at risk of breaking the bloc's budget rules. By Pan Pylas and Lorne Cook. SENT: 670 words.
GERMANY-ECONOMY — A key measure of German economic optimism rises more than expected thanks to strong domestic demand from consumers — and showed little impact from the terror attacks in Paris. By David McHugh. SENT: 200 words.
MONEY & MARKETS SUMMARY:
CENTERPIECE — Coke is making moves to diversify as more people move away from soda. It hopes premium milk, energy drinks and other new areas could appease investors and drive up profit. UPCOMING: Graphic expected by 6 p.m.
COMPANY SPOTLIGHT — TJX, the parent company of retail chains TJ Maxx and Marshalls, bucks the trend among retailers and reports improved sales and traffic in its stores. UPCOMING: Graphic expected by 6 p.m.
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