BC-Business News Digest

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Associated Press

Posted on February 7, 2013 at 9:30 PM

Business News at 10:00 p.m.

The supervisor is Richard Jacobsen (800-845-8450, ext. 1680). For photos, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport(at)ap.org or call 877-836-9477.

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All times EST.

Editors: The business desk is closing and will reopen Friday at 6 a.m. This is a digest of stories moving overnight. If you have issues overnight please call 212-621-1600.

DEVELOPING Friday:

— TRADE GAP: The government reports on the U.S. trade gap for December, 8:30 a.m.

— WHOLESALE INVENTORIES: The government reports how much wholesalers adjusted their stockpiles in December, 10 a.m.

MARKETS & ECONOMY:

WORLD MARKETS

BANGKOK — Asian stock markets are mostly higher before China releases last month's inflation and other economic data. By Business Writer Pamela Sampson.

AP photos.

INDUSTRY:

NORTHEAST SNOW-AIRLINES-Q&A

As the Northeast braces for its largest winter storm in more than a year, airlines are already employing a strategy that has served them well in recent years: Cancel flights early and keep planes and crews — and passengers — away from snowed-in airports. By Airlines Writer Scott Mayerowitz.

INTERNATIONAL:

— BUDGET SUMMIT — Second day of two-day EU Summit in which leaders will try to reach an accord regarding the union's long-term budget.

— GERMANY-ECONOMY — Germany releases export and import data for December and 2012.

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