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BC-Business News Digest

BC-Business News Digest

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

TOP STORIES:

TRUMP-RUSSIA PROBE-DELETED TWEETS - Disguised Russian agents on Twitter rushed to deflect scandalous news about Donald Trump just before last year's presidential election while straining to refocus criticism on the mainstream media and Hillary Clinton's campaign, according to an Associated Press analysis of since-deleted accounts. By Ryan Nakashima and Barbara Ortutay. SENT: 890 words.

TRUMP-BUSINESS DEALS — China signs business deals it says totaled $253.4 billion with American companies during President Donald Trump's visit in a tradition aimed at blunting criticism of Beijing's trade policies. By Joe McDonald and Gillian Wong. SENT: 630 words, photos.

AP NEWS GUIDE-AT&T-TIME WARNER — Why AT&T's bid for Time Warner is running into Justice Department resistance - and whether that's good for consumers. By Tali Arbel. UPCOMING: 600 words by 2 p.m., photos.

INSURERS-COVERING ER VISITS — A push by the insurer Anthem to limit ER visits to true emergencies worries doctors and patients who question whether they will make the right call or get stuck with a bill. The Blue Cross-Blue Shield insurer has told customers in a few U.S. states it may not pay for emergency room care that doesn't involve an actual emergency. By Health Writer Tom Murphy. SENT: 1,030 words, photos.

WALL STREET-TRUMP RALLY — The stock market may have appeared to Donald Trump as "a big bubble" before he was elected, but he's had plenty of reasons to tout Wall Street's gains as president. In the year since Trump's election, the Standard & Poor's 500 index has notched at least 60 record highs and risen 21.1 percent. By Alex Veiga. SENT: 560 words, photos.

With:

FINANCIAL MARKETS —U.S. stocks are sinking as technology companies and most other parts of the market take sharp losses. By Marley Jay. SENT: 640 words, photo. UPCOMING: Will be updated through 5 p.m.

Also:

OF MUTUAL INTEREST-EARNINGS ENGINE — Corporate profits keep chugging along. Companies have lined up in recent weeks to tell investors that they earned more during the summer than Wall Street had forecast. The big numbers should offer some encouragement for the stock market's skeptics. By Stan Choe. SENT: 780 words, photos.

CONGRESS-TAXES — The Senate version of the Republicans' high-stakes tax overhaul is set to be unveiled with billions in tax cuts for people and corporations, repeal of the federal deduction for state and local taxes, and a likely compression of the personal income tax brackets from seven to four. By Marcy Gordon and Erica Werner. SENT: 950 words, photos, audio, video. UPCOMING: Will be updated. House panel expected to vote on bringing bill to full vote, timing uncertain.

REPUBLIC OF KIM-THE DIGITAL DIVIDE — IPads, smartphones, an Intranet: Ever so cautiously, North Korea is going online. While maintaining one of the world's lowest online profiles, North Korea's response to the global IT revolution has been sophisticated and strategic. And as it enforces a policy of tightly controlled connectivity at home, its ability to create chaos abroad is growing fast. By Eric Talmadge. SENT: 2,500 words, photos. An abridged version also was sent.

MARKETS & ECONOMY:

UNEMPLOYMENT BENEFITS — The number of Americans filing applications for unemployment benefits edged up slightly to a still-low 239,000 last week. Meanwhile, the four-week average fell to a fresh 44-year low, evidence that the job market remains healthy. By Martin Crutsinger. SENT: 280 words, photos.

MORTGAGE RATES — Freddie Mac reports on this week's average U.S. mortgage rates. By Christopher Rugaber. UPCOMING: 300 words by 3:00 p.m.

PENCE-TAXES — Vice President Mike Pence is heading to suburban Indianapolis on Thursday in trying to build support for the Republican-led tax overhaul plan. The former Indiana governor is to speak at a graphics and signs manufacturer in Plainfield. President Donald Trump and Pence each visited the state in late September as they try to win support from Democratic Indiana Sen. Joe Donnelly for the tax plan. By Brian Slodysko. UPCOMING: 300 words by 7 p.m.

PUERTO RICO-DEBATING LEAVING — The disaster wrought by Hurricane Maria has set off an anguished debate across Puerto Rico, where friends, family and co-workers are arguing fiercely over the morality of leaving the blacked-out island for the U.S. mainland versus fulfilling a patriotic duty to rebuild. By Danica Coto. SENT: 1,040 words, photos.

PERSONAL FINANCE:

NERDWALLET-STORE CLOSURES — Major retailers have announced plans to close thousands of locations, but just because a store turns out its lights doesn't mean the end is also nigh for your store credit card. Its fate depends on the retailer's business plans and decisions made by the bank that issues the card. By NerdWallet columnist Melissa Lambarena. SENT: 820 words, photos.

EARNINGS:

EARNS-DEPARTMENT STORES — Macy's sales fell as it had a hard time pulling shoppers through its doors and Kohl's reported a drop in quarterly profit Thursday, underscoring just how challenging the holiday shopping season will be for department store chains. SENT: 870 words, photos.

EARNS-WALT DISNEY — Walt Disney Co. reports quarterly financial results. UPCOMING: 300 words by 5 p.m., photo.

BURBERRY-EARNS-BURBERRY — Shares in British fashion icon Burberry plunge as much as 14 percent after it said sales will stagnate for the next two years as the company shifts strategy to focus on the high-end luxury market following the departure of designer Christopher Bailey. By Danica Kirka. SENT: 500 words, photos.

BRITAIN-EARNS-ASTRAZENEZA — Anglo-Swedish drugmaker AstraZeneca says its net income and sales fell in the third quarter as it worked to make up for the loss of patent protection for major products such as Crestor and Seroquel XR. SENT: 130 words.

INDUSTRY:

HEALTH OVERHAUL-SIGN-UPS —The government says more than 600,000 people signed up for Affordable Care Act coverage in the first week of open enrollment season, and nearly 8 in 10 of those were current customers renewing their coverage. By Ricardo Alonso-Zaldivar. SENT: 500 words, photos.

WALMART-HOLIDAY HOURS — Walmart hopes to tempt shoppers with online deals before Black Friday. SENT: 130 words, photo.

GERMANY-OPEL — European automakers Opel and Vauxhall said Thursday they want to hold onto all of their current manufacturing sites and avoid forced layoffs as part of a turnaround plan under French owner PSA Group. By Frank Jordans. SENT: 340 words, photos.

TOY HALL OF FAME — The National Toy Hall of Fame will induct its class of 2017 Thursday. This year's finalists are: the paper airplane, sand, play food, the board games Risk and Clue, the Magic 8 ball, Matchbox cars, My Little Pony, the PEZ candy dispenser, Transformers, the card game Uno and Wiffle Ball. By Carolyn Thompson. SENT: 410 words, photos.

EUROPE-WEED KILLER — European Union nations fail to agree on the continued use of one of the world's most widely used weed killers, glyphosate, amid concerns about its possible links to cancer. By Lorne Cook. SENT: 480 words.

EUROPE-EMISSIONS TRADING — Environmental groups say a deal between the European Parliament and EU member states to reform the bloc's emissions trading system undermines international efforts to curb climate change. SENT: 320 words.

UNITED NATIONS-TOBACCO — The U.N.'s labor agency said that it will stop taking funding from the tobacco industry and will not extend its public-private partnerships with a business faulted for harmful health effects. SENT: 290 words.

APEC — Talks aimed at salvaging a Pacific Rim trade pact rejected by U.S. President Donald Trump continued Thursday on the sidelines of a regional summit, but prospects for an agreement remain uncertain. By Tran Van Minh and Elaine Kurtenbach. SENT: 830 words, photos.

GERMANY-HYDROGEN TRAIN — Commuters in northern Germany will be able to travel on the world's first hydrogen-powered trains in four years' time. SENT: 140 words, photos.

CHINESE INVESTMENTS — West Virginia officials say they have an agreement with China Energy Investment Corp. Ltd. for the company to invest $83.7 billion in shale gas development and chemical manufacturing in West Virginia over 20 years. SENT: 370 words.

CHOBANI-IDAHO — The founder and CEO of Chobani has no regrets about moving his Greek yogurt company to south-central Idaho, a region he has dubbed the "Silicon Valley of food" but has been embroiled in the national debate over refugee resettlement that spread to boycotts and outcry against the yogurt giant from far-right bloggers and conspiracy theorists. SENT: 600 words, photos.

TECHNOLOGY & MEDIA:

BOOKS-UBER WHISTLEBLOWER — The former Uber employee whose revelations of harassment helped lead to the ouster of the company's CEO has a book deal. SENT: 260 words, photos.

BRAZIL-ANCHOR SUSPENDED — Brazilian media giant Globo has suspended the anchor of one of its flagship news programs after a video circulated online in which he appears to make racist comments. SENT: 370 words.

AMAZON-WHOLE FOODS — You may see more of Amazon inside Whole Foods soon: The online retailer, which has been already been selling its voice-activated Echos at Whole Foods, will start to sell Kindles, Fire tablets and other Amazon devices at its grocery stores. By Joseph Pisani. SENT: 140 words.

WASHINGTON:

TAXES-POLITICS — It's an article of faith among Republicans — reinforced by the party's drubbing in this week's off-year elections in Virginia and New Jersey — that the GOP's electoral fortunes next year hinge on whether they succeed in their longstanding dream to redraft the nation's complex, inefficient tax code. By Andrew Taylor. SENT: 760 words, photo.

STUDENT LOANS-FOR-PROFITS — Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday. By Maria Danilova. SENT: 900 words, photos.

TRUMP-MAR-A-LAGO HIRING — President Donald Trump's Mar-a-Lago club has received permission from the federal government to temporarily hire 70 foreign housekeepers, waiters and cooks to fill out its staff during its upcoming busy season. SENT: 730 words, photos.

INTERNATIONAL:

EUROPE-ECONOMY — The eurozone economy will grow this year at its fastest rate in a decade following a run of upbeat news largely linked to a reduction in uncertainty following a series of elections, the European Union said. By Pan Pylas. SENT: 770 words, photo.

APEC — Talks aimed at salvaging a Pacific Rim trade pact rejected by President Donald Trump resume on the sidelines of the annual summit of the Asia-Pacific Economic Cooperation forum. SENT: 560 words, photos.

With: — APEC-THE LATEST — Running updates.

VATICAN-NO CIGARETTES — The Vatican announced that it would no longer sell cigarettes to employees in its duty free shop and supermarket — giving up an estimated 10 million euros ($11 million) a year in profit. By Nicole Winfield. SENT: 430 words, photos.

BREXIT — The European Union's chief Brexit negotiator warned Britain again that time is running out to reach an agreement, as officials from the two sides met Thursday for an abbreviated round of divorce talks. By Lorne Cook and Jill Lawless. SENT: 500 words, photos.

CYPRUS-FAILED BANK FUND — Cyprus' government is setting up a fund that aims to partly compensate depositors who lost uninsured savings during the country's 2013 financial crisis. SENT: 140 words.

GERMANY-ECONOMY — The German government has increased its forecast for tax income over the next four years amid healthy economic growth, but the interim finance minister is cautioning that the next administration won't have unlimited room to spend more. SENT: 320 words, photos.

MONEY & MARKETS SUMMARY:

SPOTLIGHT

Ho Ho Hum?

Macy's reported an 11th-straight quarter of falling sales, but investors cheered as job cuts and store closures helped the department store chain more than double its profit in the third quarter.

CENTERPIECE

Riding the Trump rally

The stock market may have appeared to Donald Trump as "a big bubble" before he was elected, but he's had plenty of reasons to tout Wall Street's gains as president.

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