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…
Pakistan to ground 150 pilots for cheating to get licenses
ISLAMABAD (AP) — Pakistan’s state-run airline said Thursday it will ground 150 pilots, accusing them of obtaining licenses by having others take exams for them, an accusation that followed a probe into last month’s…
SoftBank's Son leaves Alibaba board following Ma's departure
TOKYO (AP) — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba.
Spain puts forth candidate to lead powerful eurozone group
BRUSSELS (AP) — Spain on Thursday nominated Economy Minister Nadia Calviño to be the next head of the Eurogroup, an unofficial but powerful body that oversees the financial policies of the 19 nations using Europe’s…
Lufthansa shareholders to vote on German rescue package
FRANKFURT, Germany (AP) — Lufthansa's board chairman urged shareholders to let the government take a stake in the company through a 9 billion-euro ($11 billion) rescue package, saying the alternative was bankruptcy…
UK's Royal Mail to slash 2,000 jobs in pandemic cost-cutting
LONDON (AP) — Royal Mail, the British postal service, is to slash 2,000 management jobs as part of an overhaul of its operations due to the coronavirus pandemic.
Trump returns to a changed Wisconsin to shore up support
MADISON, Wis. (AP) — The last time President Donald Trump visited Wisconsin he staged a raucous rally at an arena in downtown Milwaukee.
Wirecard goes bust as scandal puts focus on German oversight
FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of frau…
German company Wirecard files for insolvency following accounting scandal
BERLIN (AP) — German company Wirecard files for insolvency following accounting scandal.
California voters to decide fate of affirmative action ban
SACRAMENTO, Calif. (AP) — California's 1996 ban on affirmative action policies will be tested at ballot box in November as voters will decide whether governments and public colleges and universities can consider ra…
How major US stock indexes fared Wednesday
Stocks slumped on Wall Street Wednesday after new coronavirus cases in the U.S. hit their highest level in two months, renewing worries that the economy may take longer to bounce back than investors had hoped.
US investigates headlight failures in about 392,000 Kia SUVs
DETROIT (AP) — The U.S. government's auto safety agency is investigating complaints that headlights can suddenly fail in some older Kia SUVs.
Open wide: US dentists quickly rebuild after virus shutdown
U.S. dental offices are quickly bouncing back, but it won't be business as usual. Expect social distancing, layers of protective gear and a new approach to some procedures to guard against coronavirus.
Wirecard scandal puts spotlight on German company regulation
FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of frau…
Report: State, local aid needed to avert 4 million layoffs
WASHINGTON (AP) — A new private sector report is warning anew of continuing damage to the economy if Washington doesn’t deliver several hundred billion dollars in budget relief to states and local governments amid …
Germany bans single-use plastic straws, food containers
BERLIN (AP) — Germany is banning the sale of single-use plastic straws, cotton buds and food containers, bringing it in line with a European Union directive intended to reduce the amount of plastic garbage that pol…