Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Amazon’s Walla Walla data center plan sparks tension between protesters, local officials
WALLA WALLA — More than 400 Washingtonians across 19 locations took to the streets Sunday to demand a statewide mo…
DuPont chairman assuming duties of CEO
WILMINGTON, Del. (AP) — DuPont Co. said Tuesday that its executive chairman is assuming the duties of CEO.
PG&E banking on big profits after utility leaves bankruptcy
SAN FRANCISCO (AP) — Pacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy and pays off more than $25 billion in losses sustained in catastrophic wildfires ig…
Apple warns China virus will cut iPhone production, sales
CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones.
The top iPhone and iPad apps on App Store
iTunes Store/App Store/Apple Books charts for 02/16/20:
Franklin Resources buying Legg Mason for $4.5 billion
SAN MATEO, Calif. (AP) — Franklin Resources is buyingrival investment managerLegg Mason for $4.5 billion, the latest shakeup in an industry grappling with customers who continue to clamor for lower fees.
UK unveils immigration overhaul for 2021 focused on skills
LONDON (AP) — Britain announced new
A rare miss for Walmart to end the year
NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season.
HSBC cuts headcount by 35,000 in deep overhaul
LONDON (AP) — Europe's biggest bank, HSBC, will shed some 35,000 jobs as part of an overhaul to focus on faster-growing markets in Asia and as it tries to cope with a slew of global uncertainties, from Brexit to th…
Europe resists mounting US pressure on Huawei 5G technology
LONDON (AP) — The Trump administration is stepping up pressure on European allies to ban Chinese tech firm Huawei from supplying next-generation mobile networks, with more officials visiting this week to press the …
Trump opposes possible ban on sale of jet engines to China
WASHINGTON (AP) — President Donald Trump signaled Tuesday via Twitter that he opposes efforts to block the sale of jet engines to China. Trump's tweets appeared intended to thwart a proposal from within his own adm…
Jeff Bezos commits $10 billion to fight climate change
NEW YORK (AP) — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change.
2 top execs stepping down at publisher Tribune amid turmoil
Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, andgrapples with a decline in revenue as the prin…
EU puts Cayman Islands, others on tax blacklist
BRUSSELS (AP) — The European Union has added four countries and jurisdictions to its blacklist of tax havens , including the British overseas territory Cayman Islands.
MIT to caption online videos after discrimination lawsuit
BOSTON (AP) — The Massachusetts Institute of Technology has agreed to provide captions for more of its publicly available online videos as part of a settlement announced Tuesday in a case that accused the school of…
Court reinstates order for Russia to pay $50 bln over Yukos
THE HAGUE, Netherlands (AP) — In a major legal defeat for the Russian government, a Dutch appeals court on Tuesday reinstated an international arbitration panel’s order that it should pay $50 billion compensation t…