Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
‘Most big repairs start out as small repairs’
MOSES LAKE — When Uziel Ortega launched Steadfast Home Services earlier this year, he wasn't sure whether the phon…
A $12 billion loss for 2020, Delta is cautious in early 2021
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…
FAA grapples with COVID cleanups in air traffic centers
JACKSONVILLE, Fla. (AP) — Flights were delayed when an air traffic control center near Jacksonville, Florida, had to close down for several hours for extensive cleaning after an employee tested positive for COVID-1…
Samsung promises new phones will deliver more for less money
SAN RAMON, Calif. (AP) — Samsung’s next crop of smartphones will boast bigger screens, better cameras, and longer-lasting batteries at lower prices than last year's lineup that came out just before the pandemic top…
Mortgage rates poised to rise as U.S. Treasury yields surge
LOS ANGELES (AP) — The long period of record-low rates on home loans could soon be over.
US unemployment claims jump to 965,000 as virus takes toll
WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
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…