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…
US sanctions prominent Iraqi politician over rights abuses
BAGHDAD (AP) — The U.S. Treasury on Friday imposed sanctions on a prominent Iraqi politician and security official, accusing him of serious human rights abuses.
Africa exceeds 3 million COVID-19 cases, 30% in South Africa
JOHANNESBURG (AP) — Africa passed the milestone of 3 million confirmed cases COVID-19 on Sunday, including more than 72,000 deaths, according to the Africa Centers for Disease Control and Prevention.
Congress, LA take divergent paths after COVID test warning
LOS ANGELES (AP) — Los Angeles will continue using a coronavirus test that federal regulators warned may produce false results while Congress, which has used the same test, is seeking an alternative.
Twitter bans Trump, citing risk of violent incitement
US Consulate a turning point for disputed Western Sahara
DAKHLA, Western Sahara (AP) — Trawlers pack the bustling Western Saharan port of Dakhla, where fish scales glisten from workers’ arms as they roll up their nets and buyers shout bids in a sprawling auction warehous…
Algeria leader back to Germany for COVID-19-linked treatment
ALGIERS, Algeria (AP) — Algerian President Abdelmadjid Tebboune returned Sunday to Germany, where he spent two months for treatment of a COVID-19 infection, this time to treat a related foot problem, the presidency…
US safety agency rejects petition to recall Tesla vehicles
DETROIT (AP) — The U.S. government’s auto safety agency has rejected a request to investigate unintended acceleration in Tesla electric vehicles, saying the acceleration was caused by drivers pushing the wrong peda…
Twitter permanently suspends Trump from its platform, citing 'risk of further incitement of violence'
WASHINGTON (AP) — Twitter permanently suspends Trump from its platform, citing 'risk of further incitement of violence.'
How major stock indexes fared Friday
Major stock indexes closed at new highs on Wall Street Friday, leaving the market with solid gains for the first week of the year.
US consumer borrowing advanced 4.4% in November with gains in auto and student loans
WASHINGTON (AP) — US consumer borrowing advanced 4.4% in November with gains in auto and student loans.
Indonesia jet carrying 62 goes missing on domestic flight
JAKARTA, Indonesia (AP) — A jet carrying 62 people lost contact with air traffic controllers minutes after taking off from Indonesia's capital on a domestic flight on Saturday, and debris found by fishermen was bei…
Hyundai recalls 471K more SUVs, tells owners to park outside
DETROIT (AP) — Hyundai is adding about 471,000 SUVs to a September U.S. recall for an electrical short in a computer that could cause fires. And the company is warning owners to park the SUVs outdoors until they ar…
Asia Today: China reports 380 cases south of Beijing
BEIJING (AP) — More than 380 people have tested positive in a growing COVID-19 outbreak south of Beijing in China's Hebei province.
Business Highlights
___
Deutsche Bank to pay $130 million to avoid bribery charge
NEW YORK (AP) — Deutsche Bank agreed Friday to pay fines and penalties of about $130 million to avoid a criminal prosecution on charges it participated in a foreign bribery scheme to win business in Saudi Arabia.