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…
Lilly lays out 2021 expectations, gene therapy acquisition
Shares of Eli Lilly climbed Tuesday after the drugmaker laid out a better-than-expected revenue forecast and plans to buy a young company developing a potential Parkinson’s disease treatment.
Industrial production increases 0.4% in November as manufacturing is boosted by rebound at auto plants
WASHINGTON (AP) — Industrial production increases 0.4% in November as manufacturing is boosted by rebound at auto plants.
The European Medicines Agency says it has moved up its meeting to review the Pfizer-BioNTech vaccine to Dec. 21
AMSTERDAM (AP) — The European Medicines Agency says it has moved up its meeting to review the Pfizer-BioNTech vaccine to Dec. 21.
The Latest: Germany: EU to approve vaccine by Dec. 23
BERLIN — After days of pressuring the European Union’s medical regulator, Germany’s health minister said Tuesday that he has received assurances that the European Medicines Agency will approve a coronavirus vaccine…
EU: Thousands of liters of dangerous hand sanitizer seized
BRUSSELS (AP) — The European Union's anti-fraud body said almost 140,000 liters of dangerous hand sanitizer have been seized across the region since the start of the coronavirus pandemic.
US vaccinations ramp up as 2nd COVID-19 shot nears
WASHINGTON (AP) — Hundreds more hospitals around the country began dispensing COVID-19 shots to their workers in a rapid expansion of the U.S. vaccination drive Tuesday, while a second vaccine moved to the cusp of …
Family members who own Purdue to appear before Congress
Two members of the Sackler family who own OxyContin maker Purdue Pharma agreed to appear this week before a congressional committee investigating the family and the company's role in the national opioid addiction a…
Millennial Money: De-stress holiday debt with a payoff plan
In a holiday season that many of us will spend apart from loved ones, gift-giving might feel even more important than usual. After all, if you can’t travel to see family, at least you can see them unwrap gifts over…
Virus resurgence hits H&M sales, cuts promising recovery
STOCKHOLM (AP) — Swedish fashion retailer H&M says its sales fell 10% in the fourth quarter as the second wave of the COVID-19 pandemic stalled consumer spending, cutting short a promising recovery seen in the thir…
Asia Today: Maldives considers burying Sri Lankan Muslims
COLOMBO, Sri Lanka (AP) — The Maldives president’s office says it is discussing how to provide a “humane response” to a request from neighboring Sri Lanka to allow burials for Muslims who die of COVID-19.
UK sees record number of job losses during 3- month period
LONDON (AP) — The number of people in the U.K. who lost their jobs hit a record high in the three months through October during the run-up to the planned ending of a government salary support scheme, official figur…
The Latest: Germany pushes for quick EU vaccine approval
BERLIN — Germany’s health minister has increased his pressure on the European Union’s regulatory agency and demanded that a coronavirus vaccine will be approved before Christmas.
World shares mixed as investors eye vaccines, US stimulus
Shares opened higher in Europe on Tuesday after a lackluster day in Asia as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the co…
This Week: Industrial production, retail sales, FedEx earns
A look at some of the key business events and economic indicators upcoming this week:
Asia Today: South Korea to open more virus testing sites
SEOUL, South Korea (AP) — South Korea was opening dozens of free COVID-19 testing sites in the greater Seoul area, as the country registered additional 718 new cases Monday amid a surge in infections.