BC-APFN-Business News Digest

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Columbus CEO

Here are AP Business News' latest coverage plans, top stories and promotable content. All times EST.


HOLIDAY SHOPPING-MOBILE CHRISTMAS — For the first time, there's expected to be more people visiting retailers' web sites through their smartphones than on desktop computers or tablets during the first weekend of the holiday shopping season. And mobile traffic and sales is expected to continue to be brisk throughout the season. By Mae Anderson. SENT: 820 words, photo.


HOLIDAY SHOPPING-THREE TRENDS — Here are the three biggest trends you'll see this holiday season. SENT: 550 words, photos.

HOLIDAY SHOPPING-HOT TOYS-LIST — A toy shopping list for parents as they shop for gifts for their children this holiday shopping season. SENT: 470 words, photos, video.


NEW YORK — Coke wants to mend relations with critics of its sugary drinks. Sandy Douglas, president of Coke North America, said in an interview with The Associated Press that Coke's relationship with many in public health has become "adversarial," and that the company is working to change that. By Candice Choi. SENT: 570 words, with photo.


WASHINGTON — Americans' pay is up, fewer need jobless aid, more are confident and buying homes and businesses are spending more. A flurry of data released Wednesday signaled that the fundamentals of the U.S. economy remain solid three weeks before the Federal Reserve will likely begin raising interest rates. By Christopher S. Rugaber. UPCOMING: 800 words by 3 p.m. Incorporates: CONSUMER SPENDING, NEW HOME SALES , UNEMPLOYMENT BENEFITS, CONSUMER SENTIMENT and DURABLE GOODS.

HONG KONG-MISSING EXECUTIVES — The chairman of the Hong Kong arm of one of China's biggest securities companies goes missing. The head of another firm resurfaces after months incommunicado. An executive at a film studio is detained for allegedly taking bribes. They're not plot outlines for crime novels but real life cases lifted from the normally dry Hong Kong stock exchange filings of Chinese companies over the past year. By Kelvin Chan. SENT: 740 words.


FINANCIAL MARKETS — Stocks are ticking upward in afternoon trading, making small gains for the second day in a row ahead of the Thanksgiving holiday in the U.S. By Marley Jay. SENT: 620 words.

MORTGAGE RATES —Average long-term U.S. mortgage rates slipped this week after they climbed recently expectations that the Federal Reserve may soon raise its key short-term interest rate. By Josh Boak. SENT: 370 words.



Investing in making your home more energy efficient can help make it more environmentally friendly, lower your utility bills and possibly help you fetch a higher sale price, but homeowners should also weigh how long it will take for the improvements to reap savings. By Alex Veiga. UPCOMING: 850 words, photo by 3 p.m.

OF MUTUAL INTEREST-IN DEFENSE OF CASH — Sometimes the best choice is to make none at all, particularly when all the options look risky. So if you're deciding whether to invest in stocks, bonds or something else, remember that you could leave some of it in cash. So says Matt Freund, chief investment officer of USAA's mutual funds. By Stan Choe. SENT: 870 words.


EARNS-DEERE — Even though sales of its green tractors, bulldozers and other equipment fell sharply, Deere & Co. reported better-than-expected fourth-quarter earnings as it cut costs. SENT: 350 words.


TURING DRUG PRICE — After weeks of criticism from patients, doctors and even other drugmakers for hiking a life-saving medicine's price more than fiftyfold to $750 per pill, Turing Pharmaceuticals is reneging on its pledge to lower that price and instead reducing what it charges hospitals for Daraprim. The 62-year-old drug had no competition until Imprimis, a pharmacy that compounds prescription drugs for individual patients, stepped in and started selling a capsule version for 99 cents. It says orders are pouring in from doctors. By Linda A. Johnson. UPCOMING: 130 words by 2:30 p.m., 550 words by 4:30 p.m. AP Photo pursuing.

FOOD AND FARM-URBAN FARM SQUEEZE — Urban farms are being evicted from center cities across the nation where they had become a much-heralded triumph of urban revival, bringing healthy food, commerce and eye-pleasing greenery to dreary neighborhoods. By Scott McFetridge. SENT: 815 words, photos.

GERMANY-VOLKSWAGEN — Volkswagen says it will take less than an hour to bring 1.6 and 2.0 liter turbodiesel engines in Europe into line with emissions rules. SENT: 140 words.

THANKSGIVING TRAVEL — An expanded version of America's annual Thanksgiving travel saga has begun with gas prices low and terrorism fears high. By Justin Pritchard. SENT: 640 words, with AP photos.

COSTCO-E COLI — The strain of E. Coli linked to Costco chicken salad that has sickened 19 people in seven states is more likely to be life-threatening than a recent foodborne illness that led to the closure of some Chipotle restaurants in the Northwest. By Donna Gordon Blankinship. SENT: 450 words, with AP photos.

CALIFORNIA GAS LEAK — A utility trying to stop a monthlong leak at a massive natural gas storage facility near a Los Angeles neighborhood said it planned to use a mist to mask the sickening stench as work continues — possibly for three more months — to plug the well. SENT: 560 words.

JAPAN-AIR BAG RECALL — Toyota Motor Corp. is recalling 1.6 million vehicles for defective air bags supplied by embattled Japanese manufacturer Takata Corp. SENT: 280 words.

DAILY FANTASY SPORTS — A judge is expected to hear different interpretations of how the country's two biggest daily fantasy sports companies operate at a hearing Wednesday on whether the businesses should be allowed to continue operating in New York. SENT: 440 words.

HORMEL FOODS-STOCK SPLIT — Hormel is announcing a two-for-one split a day after the company reported a strong fourth quarter and outlook. SENT: 120 words.

GERMANY-LUFTHANSA STRIKE — A strike at Germany's flagship airline, Lufthansa, has been averted after a cabin crew union announced it would hold further negotiations with the company. SENT: 110 words.

BOOKS-SIGNED HARPER LEE — How much is a signed Harper Lee novel worth? Her publisher is offering a special edition of "Go Set a Watchman" for $1,500. SENT: 140 words.

DAILY FANTASY SPORTS-NEW YORK — A judge is expected to hear different interpretations of how the country's two biggest daily fantasy sports companies operate at a hearing Wednesday on whether the businesses should be allowed to continue operating in New York. By Jake Pearson. SENT: 440 words.

SPAIN-ABENGOA-CREDITOR PROTECTION — Spanish renewable energy and engineering giant Abengoa says it has begun bankruptcy protection proceedings in a bid to avoid what could be one of the country's largest insolvencies. SENT: 120 words.

ALZHEIMER'S DRUG SWITCH — New York's attorney general is dropping a lawsuit against a Allergan after blocking what he said was an attempt to switch Alzheimer's patients to a newer patented drug. SENT: 140 words.


INTERNET GAMBLING — Internet gambling is slowly growing — but not expanding — after 2 1/2 years of online betting in the United States. By Wayne Parry. SENT: 800 words.


EUROPE-BORDER CONTROL COSTS — Queues, bottlenecks and security checks — their return in Europe could have a sizeable economic impact if they become entrenched in the wake of the attacks in Paris and the unprecedented flow of refugees from conflict zones like Syria. By Pan Pylas. SENT: 920 words.

BRITAIN-ECONOMY — Britain's Treasury chief abandoned controversial cuts in tax credits for the working poor and refrained from slashing funding to the police on Wednesday as he updated Parliament on the government's tax and spending plans. By Danica Kirka. SENT: 510 words.

RUSSIA-UKRAINE — Tensions between Russia and Ukraine escalated further on Wednesday as Ukraine decided to stop buying Russian natural gas — hoping to rely on supplies from other countries — and closed its airspace to its eastern neighbor. SENT: 470 words.

DUBAI-BRAZIL-DNATA — The company that runs Dubai-based airline Emirates says it has bought a majority stake in a Brazilian firm that provides ground handling services at two dozen airports in the South American country. SENT: 130 words.

UGANDA-COFFEE BLUES — Climate changes take a heavy toll on Ugandan coffee farmers. By Rodney Muhumuza. SENT: 810 words.

HUNGARY-CHINA-BONDS — Hungary says it will issue government bonds denominated in yuan together with the Bank of China in the hope of attracting more Asian investors. SENT: 130 words.

BRAZIL-CORRUPTION — Brazilian police have arrested the government's leader in the Senate for allegedly obstructing the investigation into a corruption scandal at state-owned oil company Petrobras. SENT: 220 words.

POLAND-CLIMATE CONFERENCE — Poland's new environment minister says he is against further cuts in carbon gas emissions, a topic to be discussed during climate talks next week in Paris. SENT: 130 words.

LITHUANIA-RUSSIAN GAS — Since last year, a floating gas terminal called Independence has protected thousands of Lithuanians from the risk of sudden cutoffs in gas supplies from Russia, a regional heavyweight that has long used its near monopoly on energy in Eastern Europe as a political weapon. By Liudas Dapkus. SENT: 690 words.

GERMANY-GREECE-TAX EVASTION — Germany has shared some 10,000 records on possible Greek tax cheats with Athens. SENT: 120 words.



Tiffany's sparkle fades

Tiffany reported disappointing third-quarter results as a strong dollar and uncertain economic conditions weighed on its performance; the high-end retailer also lowered its full-year guidance.


Drug costs set to rise

More new, expensive drugs are launching, while fewer older drugs are losing patent protection and becoming lower-cost generics. That translates into higher pharmacy costs for insurers, employers and patients.


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