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…
Flow of Chinese tourists becomes a worrying trickle for Asia
BANGKOK (AP) — Asian nations have profited handsomely from the impressive growth in tourists from China over the past decade, but the specter of a rapidly spreading virus has raised concerns over industry prospects.
Credit Suisse says CEO Thiam resigns amid spying scandal
GENEVA (AP) — Credit Suisse CEO Tidjane Thiam is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation of the top-drawer Swiss bank.
Betting could be 'X' factor for new pro football league
ATLANTIC CITY, N.J. (AP) — Knowing its season begins less than a week after one of the biggest betting events in America, the new XFL is embracing sports betting in a major way.
Manufacturer to stop making pesticide linked to brain damage
WILMINGTON, Del. (AP) — The manufacturer of a commonly used pesticide that has been linked to brain damage in children will stop making the chemical this year.
MLB may alter rules on owners, casino gambling
ORLANDO, Fla. (AP) — Major League Baseball may alter its regulations on team owners and casino gambling in a manner that could impact the Ilitch family.
Court rules fantasy sports contests are illegal gambling
ALBANY, N.Y. (AP) — Daily fantasy contests like those operated by FanDuel and DraftKings face an uncertain future in New York after an appellate court ruled Thursday that a 2016 law legalizing such games violated a…
California shooting shows security vulnerabilities on buses
LOS ANGELES (AP) — Would-be plotters bent on staging an attack aboard a passenger plane know they've first got to pass through a gauntlet of security measures at an airport, from body scans and spot interrogations …
Arizona company CEO fired after calling driver racial slur
TEMPE, Ariz. (AP) — The CEO and founder of an organic fertilizer company says he was fired after he was caught on camera using a racial slur against an African-American driver of a ride-hailing service.
NY Times publisher's 4Q profit grows as it adds subscribers
NEW YORK (AP) — The publisher of The New York Times posted a 20% gain in fourth-quarter profits as the paper continued to add digital subscribers, although ad revenue declined both online and in print.
A rapid descent leads to screams on severed Turkish plane
ISTANBUL (AP) — As their flight abruptly descended into Istanbul and hit the ground with a rumble, a Turkish couple tensed up. They soon relaxed when they heard a routine announcement telling passengers they could …
Twitter shares jump on rise in user numbers, revenue
Shares in Twitter jumped Thursday after the social media company said revenue and user numbers exceeded forecasts in the latest quarter, though profit fell as expenses rose.
IMF: Oil-rich Gulf Arab states may spend savings in 15 years
DUBAI, United Arab Emirates (AP) — Energy-rich Gulf Arab states could burn through all their savings in the next 15 years as worries about climate change and supply from new competitors dampen oil prices, the Inter…
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Leading Kentucky hemp processor files for bankruptcy
FRANKFORT, Ky. (AP) — A bankruptcy filing by a leading hemp processor strikes a “gut punch" to the fledgling industry as it tries to secure a foothold in Kentucky, the state's agriculture commissioner said Thursday.
Scottsdale man, mother indicted in restaurant fraud scheme
PHOENIX (AP) — A Scottsdale man and his mother have been indicted for alleged wire fraud and conspiracy to commit money laundering.