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BC-Business News Digest

Business News at 5:30 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.

If you have questions about transmission of financial market listings, please call 800-3AP-STOX.

A selection of top photos can be found at http://bit.ly/APTopPhotos .

NEW THIS DIGEST:

â¿¿Adds: LABOR SECRETARY RESIGNS, SEC-KHUZAMI, ARGENTINA-SEIZED SHIP, MONOPOLY-NEW TOKENS

â¿¿Updates: WALL STREET, CONSUMER PROTECTION-MORTGAGES, HFR, APPLE-CHEAPER IPHONE, NESTLE PURINA-DOG TREAT RECALL

TOP STORIES:

OBAMA-TREASURY SECRETARY

WASHINGTON â¿¿ President Barack Obama will nominate White House chief of staff Jack Lew as his next Treasury Secretary, turning to one of Washington's most knowledgeable budget experts to lead difficult fiscal negotiations with Congress. The choice accelerates an overhaul of leaders in key jobs for Obama's second term. By White House Correspondent Julie Pace.

AP photo.

TAXES-TOO COMPLICATED

WASHINGTON â¿¿ Too intimidated to fill out your tax return without any help? Join the club. About 90 percent of filers will either pay a tax preparer or use a computer software service to help with their federal taxes this spring. U.S. tax law is so complicated that businesses and individuals spend more than 6 billion hours a year complying with filing requirements. By Stephen Ohlemacher.

AP photo.

With:

â¿¿TAX BREAKS-GLANCE â¿¿ A list of the most generous tax breaks in federal law, and how much they will save taxpayers next year.

BOEING-787 WOES

Boeing executives insist that its 787 Dreamliner is safe, and investors rallied behind the company. But questions remain about the plane that is key to Boeing's future. Federal investigators are probing a Monday fire aboard an empty 787 in Boston, the latest glitch for a high-profile jet that has a lot riding on it, both for Boeing and its airline customers. By Business Writer Joshua Freed.

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