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…
Samsung predicts earnings improvement after sluggish 2019
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter fell 33.7% from a year earlier but it predicted earnings will improve in 2020, driven by a gradually stabili…
Facebook reports 4Q profit, user growth despite challenges
SAN FRANCISCO (AP) — Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference.
Program with anti-gay schools loses Wells Fargo support
ORLANDO, Fla. (AP) — Wells Fargo has pulled support and another bank says it will stop donating millions of dollars to Florida's private school voucher program after reports that some schools in the program discrim…
Polygamy, fraud and luxury cars on tap in Utah trial
SALT LAKE CITY (AP) — Openings arguments are set this week in Utah for a California businessman who prosecutors accuse of being a key figure in a $511 million tax credit scheme carried out by two executives of a S…
Japan seeks, although futilely, to arrest Ghosn in Lebanon
TOKYO (AP) — An arrest warrant was issued Thursday for Nissan's former chairman Carlos Ghosn, who skipped bail while awaiting trial in Japan, and is now in Lebanon.
Forbes Hungary recalls latest issue due to privacy case
BUDAPEST, Hungary (AP) — The latest issue of the Hungarian edition of Forbes magazine has been recalled from newsstands due to a court ruling regarding privacy concerns, the magazine said Wednesday.
Italy, Cyprus say Turkey-Libya maritime deal 'unacceptable'
ROME (AP) — A maritime border agreement between Turkey and Libya's U.N.-backed government is “unacceptable," violates international law and flouts the sovereign rights of other countries, the foreign ministers of I…
Beyond Meat loses Tim Hortons but wins over KFC
Plant-based meat maker Beyond Meat is getting a thumbs down from Tim Hortons and a thumbs up from KFC.
Fed leaves key rate unchanged at low level amid global risks
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged at a low level Wednesday amid an economy that looks solid but faces potential global threats, including from China’s viral outbreak.
Texas oil well blowout kills 1 worker, injures 3 others
BRYAN, Texas (AP) — One worker was killed and three others were injured Wednesday during the blowout of a Central Texas oil well.
More airlines drop flights to China as virus spreads
BANGKOK (AP) — British Airways halted all flights to China and American Airlines suspended Los Angeles flights to and from Shanghai and Beijing as efforts to contain a new virus intensifies.
Uber, Lyft confirm Phoenix airport business as usual for now
PHOENIX (AP) — Ride-hailing companies Uber and Lyft say they won't change their service at Phoenix Sky Harbor International Airport until Arizona's highest court rules on proposed fee increases that prompted threat…
Deutsche Bank loss widens in Q4 on restructuring costs
BERLIN (AP) — Germany's Deutsche Bank said Thursday that its net loss widened in the fourth quarter as a result of charges related to a sweeping restructuring program.
Insurer Anthem underwhelms Wall Street with 2020 forecast
Anthem is starting the new year by forecasting earnings that could miss expectations even after the health insurer books gains from a new business.
Norfolk Southern's 4Q profit slips 5% as railroad hauls less
OMAHA, Neb. (AP) — Norfolk Southern Corp.'s fourth-quarter profit declined 5% as the railroad hauled 9% less freight.