AP NEWS

Business Highlights

November 12, 2019 GMT

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No. 1 milk company declares bankruptcy amid drop in demand

DALLAS (AP) — Dean Foods, America’s biggest milk processor, has filed for bankruptcy amid a steep, decades-long drop-off in US milk consumption blamed on soda, juices and, more recently, nondairy substitutes. The Dallas company said it may sell itself to the Dairy Farmers of America, a marketing cooperative owned by thousands of farmers.

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Beyond Netflix: Disney Plus joins the streaming fray

NEW YORK (AP) — Disney Plus is joining the streaming fray Tuesday. And there’s no shortage of streaming video services coming up. Consumers will increasingly mix and match services to suit their needs. And free trials and other incentives exist for most services so consumers can sample and decide which is right for them.

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Google’s health care ambitions now involve patient data

SAN FRANCISCO (AP) — Google is working with large health care system Ascension, the latest foray into the health industry by the tech giant. The partnership is intended to use artificial intelligence to find patterns that could help doctors, but some are concerned about privacy and protecting patients’ sensitive health information.

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McDonald’s workers say anti-harassment efforts fall short

CHICAGO (AP) — A former McDonald’s employee is suing the company and one of its Michigan franchisees over sexual harassment. On Tuesday, Jenna Ries filed a class-action lawsuit against the fast-food chain. She’s one of at least 50 workers who have filed separate sexual harassment charges against McDonald’s over the past three years. The lawsuit comes on the heels of McDonald’s firing its CEO last week for having a consensual relationship with an employee.

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Supreme Court lets Sandy Hook shooting lawsuit go forward

WASHINGTON (AP) — The Supreme Court is letting the lawsuit against the maker of the rifle used in the Sandy Hook Elementary School shooting go forward. The justices on Tuesday rejected an appeal from Remington Arms that argued a federal law shields firearms manufacturers from liability in most cases when their products are used in crimes. The National Rifle Association was among those urging the court to end the lawsuit against Remington. Messages seeking comment were left with a lawyer for Remington Arms.

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Trump claims credit for economy, jobs in New York speech

NEW YORK (AP) — Despite a slowing economy, President Donald Trump declared Tuesday that the United States was enjoying a “boom the likes of which we have never seen before!” Trump told the Economic Club of New York that “we have delivered on our promises — and exceeded our expectations by a very wide margin.”

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Boeing orders, deliveries continue to sag with Max grounding

CHICAGO (AP) — Orders and deliveries of new Boeing planes remain depressed eight months into the grounding of the company’s 737 Max. Boeing says it delivered 20 planes and took a net of 10 orders in October, down from 57 a year ago. One airline replaced an order for 15 Boeing 737 Max jets with bigger 787s, and another customer dropped three Max orders.

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Report: Election vendors are ‘prime targets,’ need oversight

ATLANTA (AP) — A new report says the nation’s elections are vulnerable to attack due to a lack of robust federal oversight of the private companies involved in manufacturing voting systems and maintaining voter registration databases. A Brennan Center for Justice report issued Tuesday calls for Congress to create a process for certifying the companies and empower a federal agency to oversee them. The report acknowledges the agency most likely to take this on has been hobbled by a lack of funding.

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After boost from Perry, backers got huge gas deal in Ukraine

KYIV, Ukraine (AP) — Ukrainian documents obtained by The Associated Press show two political supporters of Energy Secretary Rick Perry won an oil and gas exploration contract from Ukraine, just weeks after Perry proposed one of the men as an adviser to the country’s new president. While they offered millions of dollars less to the government than their only competitor for the drilling rights, a government-appointed commission determined they had greater technical expertise and stronger financial backing.

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US stock indexes turn mixed after early rally loses momentum

NEW YORK (AP) — Stocks on Wall Street closed with modest gains Tuesday after an early rally lost momentum toward the end of the day. The Nasdaq composite still finished with its second record high in three days, while the Dow Jones Industrial Average ended unchanged from the all-time high it set a day earlier. The S&P 500 briefly crossed above the 3,100 level for the first time. Health care, technology and communication services stocks led the gainers, outweighing losses in energy companies and elsewhere.

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The S&P 500 rose 4.83 points, or 0.2%, to 3,091.84. The Dow Jones Industrial Average closed unchanged at 27,691.49. The Nasdaq gained 21.81, or 0.3%, to 8,486.09. The Russell 2000 index of smaller companies added 0.35 points, or less than 0.1%, to 1,595.12.