Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local experts eye AI to help develop the future
MOSES LAKE — AI technology has been developing quickly over the last few years with multiple avenues and questions…
Judge sets May sentencing for Michael Avenatti in Nike case
NEW YORK (AP) — Michael Avenatti will be sentenced in May for his conviction on charges of trying to extort $25 million from Nike, a judge said Monday.
Hong Kong's new top judge urges impartiality in courts
HONG KONG (AP) — Hong Kong’s new top judge warned Monday that the semi-autonomous Chinese territory’s courts need to show they are impartial amid a flurry of politically charged cases or risk losing public trust.
The Latest: Nevada revises vaccination plan to step up shots
CARSON CITY, Nev. — Nevada is making changes to its distribution plan for coronavirus vaccines in an effort to get shots into residents’ arms more quickly.
Detroit auto show to be replaced by outdoor event this year
DETROIT (AP) — Detroit's big auto show will not take place as scheduled in September, but will be replaced by an outdoor exhibit at a race track in nearby Pontiac.
Judge sets May sentencing for Michael Avenatti in Nike case
NEW YORK (AP) — Michael Avenatti will be sentenced in May for his conviction on charges of trying to extort $25 million from Nike, a judge said Monday.
Airbnb banning rioters, hate groups ahead of inauguration
Airbnb said Monday that it’s reviewing reservations in the Washington, D.C., area ahead of next week’s presidential inauguration and will bar any guests associated with hate groups or violent activity.
The Latest: Louisiana expands vaccine delivery to elderly
BATON ROUGE, La. — Louisiana is boosting its distribution of coronavirus vaccines to the elderly.
Some Mexico City restaurants reopen defying pandemic rules
MEXICO CITY (AP) — More than three weeks into Mexico City’s second pandemic shutdown some restaurants ignored official warnings and opened with limited seating Monday under the slogan “Open or Die.”
Business grows skittish about Trump and GOP after riots
WASHINGTON (AP) — Corporate America is quickly distancing itself from President Donald Trump and his Republican allies, with many of the biggest names in business — Goldman Sachs, Coca-Cola, Ford and Comcast — susp…
Mexican president mulls ending independent watchdog agencies
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador has long criticized independent regulatory, watchdog and transparency agencies, and on Monday he defended the idea of eliminating them entirely.
How major US stock indexes fared Monday
Stocks closed lower on Wall Street Monday, giving up recent gains after a record-setting run.
Twitter, Boeing fall; Eli Lilly, Crocs rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for February delivery rose 1 cent to $52.25 a barrel Monday. Brent crude oil for March delivery fell 33 cents to $55.66 a barrel.
Ford announces closing of Brazil manufacturing operations
SAO PAULO (AP) — Ford Motor Co. said Monday it will close three plants in Brazil and stop producing automobiles in the South American country where it has been operating since 1919.
UN: COVID-19 herd immunity unlikely in 2021 despite vaccines
GENEVA (AP) — The World Health Organization’s chief scientist warned that even as numerous countries start rolling out vaccination programs to stop COVID-19, herd immunity is highly unlikely this year.