BC-Business News Digest
Here are AP Business News' latest coverage plans, top stories and promotable content. All times EST.
The $160 billion deal combining Pfizer and Allergan is the most important of the year not just because it would create the world's largest drugmaker. The deal also is the second-largest acquisition in history and the highest price a U.S. corporation has paid to combine with an overseas company to lower its tax bill. By Linda A. Johnson and Tom Murphy. SENT: 580 words, photos. UPCOMING: 800 words by 4 p.m.
CORPORATE INVERSIONS-10 THINGS TO KNOW — Pfizer and Allergan are pursuing the biggest buyout in health care history. Ten things to know about corporate inversions. By Stephen Ohlemacher. SENT: 1,050 words.
— PFIZER-ALLERGAN-YEAR OF THE BUYOUT-GLANCE — Major corporate takeovers have occurred at a blistering pace this year, with the latest — from drugmakers Pfizer and Allergan — the biggest of them all. Some numbers to put 2015 into perspective. SENT: 170 words.
— INVERSIONS-AT A GLANCE — A look at some of the bigger corporate inversions. SENT: 200 words.
ONLY ON AP:
AIRPORT DELAYS — Commercial airplanes are spending more time than ever taxiing between gates and runways at U.S. airports, according to an Associated Press analysis of data the government has collected for 20 years. The delays add to travelers' frustrations and cost the industry hundreds of millions of dollars. By Scott Mayerowitz. SENT: 950 words, photos. Data: http://data.ap.org/projects/2015/airport-delays/index.html
DIGITAL LIFE-TV BUYING GUIDE — In a buying guide for new TVs, here are some big decisions you'll face. Start by getting out a tape measure and doing some quick calculations before you head to the store. By Ryan Nakashima. SENT: 910 words, photos, interactive: http://interactives.ap.org/2015/tv-buying-guide
HOLIDAY-SHOPPING-SAME-DAY DELIVERY — Retailers want to offer customers the instant gratification that usually comes only with shopping at brick-and-mortar stores: buy something online and get it delivered within hours. But it isn't easy. By Mae Anderson. SENT: 840 words, photos.
PHASED RETIREMENT — Many aging baby boomers are caught between a desire to work less and a labor market that just isn't ready to let them go. One option offered by a small number of employers is "phased retirement," which allows retiring workers to go part time while also mentoring their incoming replacements, providing for a smoother transition. By Adam Allington. SENT: 950 words, photos.
MARKETS & ECONOMY:
HOME SALES — Fewer Americans bought homes in October, a sign that rising home values are pushing more would-be buyers to the real estate market's sidelines. By Josh Boak. SENT: 500 words, photo.
FINANCIAL MARKETS — Stocks are wobbling in afternoon trading as the market comes off its biggest weekly gain of the year. By Marley Jay. SENT: 630 words. UPCOMING: 700 words by 5 p.m.
CHIPOTLE-STOCK— Chipotle rebounds from a heavy sell-off in shares to end last week after it was discovered that the E. coli outbreak connected to restaurant chain had spread from the Pacific Northwest to a number of other states. SENT: 270 words.
RICH PEOPLE CREDIT CARDS — Chinese billionaire Liu Yiqian, who doesn't exactly struggle to afford a plane ticket, can now likely fly free, in first class, with his whole family, anywhere in the world, for the rest of his life because he put a $170.4 million painting on his credit card. By Ken Sweet. SENT: 780 words, photos.
SEAFOOD FROM SLAVES-NESTLE SA — A study commissioned by Nestle SA finds that impoverished migrant workers in Thailand are sold or lured by false promises and forced to catch and process fish that ends up in global food giant's supply chains. By Martha Mendoza. SENT: 900 words, photo.
PESTICIDE MAKERS-BEES — Some pesticides contain tobacco-derived chemicals called neonicotinoids that many researchers say play a role in declining bee populations. Bayer CropScience, the world's top neonic maker, spent $12 million of its 3.6 billion profit last year promoting bee health, and along with No. 2 Syngenta, has been busy fending off suggestions the chemicals are bee-killers. By Emery P. Dalesio. SENT: 1,250 words, photos.
CARL ICAHN-AIG — Activist investor Carl Icahn is putting more pressure on American International Group Inc. to break itself into three separate companies. SENT: 240 words. UPCOMING: Will be updated.
FORD-TAKATA — Ford has decided to stop using air bag inflators made by Takata Corp. in future vehicles as the auto industry continues to move away from the potentially dangerous products. By Tom Krisher. SENT: 430 words.
With: FORD-RECALL — Ford is recalling nearly 452,000 midsize cars because the gas tanks potentially can leak fuel. SENT: 130 words.
UAW-CONTRACTS — New contracts show the fine line the United Auto Workers must walk in achieving gains for workers while keeping Detroit competitive with foreign rivals. By Dee-Ann Durbin. SENT: 820 words, photo.
TECHNOLOGY & MEDIA:
PALESTINIANS-GETTING CONNECTED — After years of delays, Israel says it would allow the Palestinians to have their own 3G network, bringing relief to one of the last places in the world without mobile broadband services. The lack of high-speed access has frustrated young professionals, forcing many to sign up with Israeli carriers or scramble to find Wi-Fi networks. By Mohammed Daraghmeh and Daniella Cheslow. SENT: 1,050 words, photo.
PARIS-ATTACKS-TOURISM — The attacks in Paris are having a major impact on tourism, initial figures show, pushing the French prime minister to meet industry officials to come up with a plan to limit the damage and keep visitors coming to the City of Light. By Thomas Adamson. SENT: 570 words, photos.
With: EUROPE-ECONOMY — The attacks in Paris that killed 130 people and wounded hundreds more is hurting the French economy at a time when the wider 19-country eurozone appears to be growing at the fastest pace in four and a half years, a closely watched survey suggests. By Pan Pylas. SENT: 380 words, photo.
MONEY & MARKETS SUMMARY:
CENTERPIECE — Companies are combining at a record pace, but large companies are also splitting up in big numbers. Publicly traded companies have completed $235.1 billion in spin-offs and splits in 2015, close to an all-time record, according to Dealogic. UPCOMING: Graphic expected by 6 p.m.
COMPANY SPOTLIGHT — Chipotle shares rise, reversing losses last week after the E. coli outbreak linked to the restaurant spread. UPCOMING: Graphic expected by 6 p.m.
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