Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
Health experts slam US hoarding of only licensed virus drug
LONDON (AP) — Health experts on Wednesday slammed the U.S. decision to hog nearly the entire global supply of remdesivir, the only drug licensed so far to treat COVID-19, warning that type of selfish behavior sets …
UK regulator urges reforms to curb Google, Facebook ad power
LONDON (AP) — British regulators want new rules to foster competition in digital advertising markets and rein in the industry's dominant players, Google and Facebook.
Germany's Merkel underlines aim to complete Baltic pipeline
BERLIN (AP) — German Chancellor Angela Merkel on Wednesday underlined her country's aim of completing a new German-Russian gas pipeline that faces tough U.S. resistance.
Borgata president one of few Black women to run a US casino
ATLANTIC CITY, N.J. (AP) — Melonie Johnson is making history as the first Black woman to hold the title of president of an Atlantic City casino, and she's one of only a small handful of women with such a job nation…
US construction spending drops 2.1% in May with home building and nonresidential activity both down
WASHINGTON (AP) — US construction spending drops 2.1% in May with home building and nonresidential activity both down.
AP Interview: Hong Kong media tycoon says city now 'dead'
HONG KONG (AP) — When Hong Kong media tycoon Jimmy Lai arrived in Hong Kong at age 12, the city felt like heaven to him, brimming with hope and freedom. He arrived poor, but over the years embarked on a rags-to-ric…
US manufacturing bounces back in June on reopenings
SILVER SPRING, Md. (AP) — U.S. manufacturing rebounded in June as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic.
US construction spending fell 2.1% in May
WASHINGTON (AP) — U.S. construction spending fell 2.1% in May with both home building and nonresidential activity declining.
Coronavirus cancels plan for new Volkswagen plant in Turkey
BERLIN (AP) — German automaker Volkswagen said Wednesday it is halting plans for a new factory in Turkey, saying that the steep drop in demand for cars worldwide caused by the coronavirus pandemic means the manufac…
Prague train with 500 tourists boosts Croatia tourism hopes
ZAGREB, Croatia (AP) — A train carrying about 500 tourists from the Czech Republic and Slovakia arrived to Croatia on Wednesday morning as the country seeks to attract visitors after easing lockdown measures agains…
UK firms slash jobs to cope with outbreak's long term impact
LONDON (AP) — Companies linked to hospitality, travel and retail in Britain have announced thousands of more job cuts as the longer term consequences of the COVID-19 pandemic take hold, choosing to slim down for su…
Survey: Companies added 2.4 million jobs in June
WASHINGTON (AP) — U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves total employment far below its pre-pandemic levels.
Erdogan vows social media controls after insults to family
ANKARA, Turkey (AP) — Turkey’s president vowed Wednesday to tighten government control over social media following alleged insults directed at his daughter and son-in-law when they announced the birth of their four…
China takes measures against 4 US media companies
BEIJING (AP) — China has demanded staff and business information from four U.S. media companies including The Associated Press in what it called a necessary response to similar demands by Washington on Chinese stat…
Report: Volkswagen drops plans for new plant in Turkey
BERLIN (AP) — German automaker Volkswagen is dropping its plans for a new factory in Turkey in response to a drop in demand for new cars during the coronavirus pandemic, according to a media report Wednesday.