Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
States are changing fire codes to make housing cheaper. Some safety experts are worried
States and cities are loosening building code requirements in an effort to lower construction costs and boost affo…
US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus
WASHINGTON (AP) — US jobless claims jump to 965,000 as layoffs remain high with economy in grip of virus.
Delta posts $12 billion loss in 2020, cautious 1Q outlook
Delta Air Lines closed the books on a disastrous 2020 with a comparatively small fourth-quarter loss, and executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and testi…
Denmark to hold impeachment trial vote on ex-minister
COPENHAGEN, Denmark (AP) — Denmark's ruling party said it would back a vote in parliament Thursday on whether a former immigration minister in the previous government can be tried before the rarely used Court of Im…
Hong Kong internet firm blocked website over security law
HONG KONG (AP) — A Hong Kong internet service provider on Thursday said it had blocked access to a pro-democracy website to comply with the city’s national security law.
Somber Tunisia marks 10 years since revolution in lockdown
TUNIS, Tunisia (AP) — Tunisia on Thursday commemorated the 10th anniversary since the flight into exile of iron-fisted President Zine El Abidine Ben Ali, pushed from power in a popular revolt that foreshadowed stri…
Reform Party leader tasked to form Estonia's new government
HELSINKI (AP) — Estonia’s president on Thursday tasked the leader of the main opposition party to form a new government, a day after Prime Minister Juri Ratas and his Cabinet stepped down in the wake of a corruptio…
China demands US lift Xinjiang cotton, tomato import ban
BEIJING (AP) — China on Thursday demanded Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they are produced by forced labor, which a spokesman dismissed as the “lie of t…
France opposes foreign takeover offer for supermarket chain
PARIS (AP) — France's government says it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard.
World shares advance as traders await details of Biden plan
Stocks advanced in most global markets Thursday as traders waited to see details of President-elect Joe Biden’s plan for helping the U.S. economy recover from the coronavirus crisis.
Norwegian Air to end long-haul flights, focus on Europe
COPENHAGEN, Denmark (AP) — Low-cost carrier Norwegian Air Shuttle said Thursday it will focus on European destinations and close its long-haul operations as it struggles with the fallout of the coronavirus pandemic…
Japan's new virus emergency met with public indifference
TOKYO (AP) — Japan’s expanded state of emergency went into effect Thursday as the government seeks to stop a surge of new coronavirus infections, though with the restrictions not binding many people appeared to be …
German economy shrank 5% in pandemic year 2020
FRANKFURT, Germany (AP) — The German economy, Europe's largest, shrank by 5% in the pandemic year 2020, ending a decade of growth as lockdowns wiped out much business and consumer activity.
The Latest: Turkey starts vaccinations with China's Sinovac
ANKARA, Turkey — Turkey became the latest country to roll out its COVID-19 vaccination program, starting with health care workers in hospitals across the country.
Turkey urges 'review' of US sanction decision over S-400s
ANKARA, Turkey (AP) — A top Turkish official is calling on the new U.S. administration to engage in a dialogue with Turkey and to review a decision to sanction the country over its purchase of an advanced Russian a…
Britain's Johnson pledges UK vaccine program will run 24-7
LONDON (AP) — Britain's coronavirus vaccine program will operate around the clock seven days a week “as soon as we can,” Prime Minister Boris Johnson pledged Wednesday as the U.K. accelerates efforts to inoculate m…