Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Volkswagen triples electric car sales ahead of climate rules
FRANKFURT, Germany (AP) — Europe's push into electric cars is gathering speed — despite the pandemic.
The Latest: Fla. lawyer in tobacco cases dies from COVID-19
PENSACOLA, Fla. — Florida attorney Fred Levin, who won a major legal battle against the tobacco industry in the 1990s, has died several days after contracting the coronavirus. He was 83.
Trump business backlash part of 'cancel culture,' son says
NEW YORK (AP) — The PGA canceled its tournament at his golf course. Banks say they won’t lend to him anymore. New York City is ending his contract to operate the Central Park skating rink.
Asia Today: India starts shipping COVID-19 vaccine to cities
NEW DELHI (AP) — India has started shipping COVID-19 vaccines to multiple cities, four days ahead of a nationwide inoculation drive.
North Korea ends party meeting with calls for nuclear might
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un vowed all-out efforts to bolster his country's nuclear deterrent during a major ruling party meeting where he earlier laid out plans to work toward salvagin…
Visa, Plaid call off merger following antitrust pressure
CHARLOTTE, N.C. (AP) — Visa Inc. on Tuesday called off its planned $5.3 billion purchase of payment-processing technology company Plaid, citing the Justice Department's antitrust lawsuit filed last year to block th…
EU regulator is considering Oxford-AstraZeneca vaccine
LONDON (AP) — The European Medicines Agency said Tuesday that AstraZeneca and Oxford University have submitted an application for their COVID-19 vaccine to be licensed across the European Union.
Mega Millions $625M jackpot largest in nearly 2 years
DES MOINES, Iowa (AP) — Lottery players had a shot Tuesday night at the eighth-largest jackpot in U.S. history, thanks to months without a winner of the big prize.
UK to use fines to target forced labor in China's Xinjiang
LONDON (AP) — British companies will face fines unless they meet new government requirements showing their supply chains are free from forced labor, the U.K.'s foreign secretary said Tuesday as he announced measure…
India's top court suspends implementation of new farm laws
NEW DELHI (AP) — India’s top court on Tuesday temporarily put on hold the implementation of agricultural reform laws and ordered the creation of an independent committee of experts to negotiate with farmers who hav…
Enbridge rejects Michigan's demand to shut down oil pipeline
TRAVERSE CITY, Mich. (AP) — Enbridge said Tuesday it would defy Michigan's demand to shut down an oil pipeline that runs through a channel linking two of the Great Lakes, contending that Gov. Gretchen Whitmer's dec…
With Sheldon Adelson's death, Netanyahu loses key supporter
TEL AVIV, Israel (AP) — Israeli Prime Minister Benjamin Netanyahu on Tuesday mourned the passing of U.S. casino magnate Sheldon Adelson, one of Netanyahu’s staunchest American supporters, lauding his efforts to bol…
Divers recover crashed Indonesian plane's data recorder
JAKARTA, Indonesia (AP) — Indonesian navy divers searching the ocean floor on Tuesday recovered the flight data recorder from a Sriwijaya Air jet that crashed into the Java Sea with 62 people on board.
Job openings down in most industries, while layoffs spike
WASHINGTON (AP) — Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has brought about another…
Indonesian President Widodo receives Chinese COVID-19 vaccine, starting country’s emergency-use rollout
JAKARTA, Indonesia (AP) — Indonesian President Widodo receives Chinese COVID-19 vaccine, starting country’s emergency-use rollout.