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 Treasury brands Vietnam and Switzerland as currency manipulators while putting China and 9 others on watch list
WASHINGTON (AP) — US Treasury brands Vietnam and Switzerland as currency manipulators while putting China and 9 others on watch list.
US retail sales fall 1.1% in November as Americans pull back on spending during the holiday shopping season
NEW YORK (AP) — US retail sales fall 1.1% in November as Americans pull back on spending during the holiday shopping season.
US brands Vietnam, Switzerland as currency manipulators
WASHINGTON (AP) — The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to halt countrie…
Retail sales fell 1.1% in November, biggest drop in 7 months
NEW YORK (AP) — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy.
India receives bids to buy state-owned Air India airline
NEW DELHI (AP) — India’s government says it has received “multiple expressions of interest” in buying its 100% stake in debt-laden national carrier Air India to shore up falling government revenues after an initial…
EU unveils revamp of cybersecurity rules days after hack
BRUSSELS (AP) — The European Union unveiled Wednesday plans to revamp the 27-nation bloc’s dated cybersecurity rules, just days after data on a new coronavirus vaccine was unlawfully accessed in a hack attack on th…
German government backs bill requiring 5G security pledge
BERLIN (AP) — German Chancellor Angela Merkel's Cabinet approved a bill Wednesday that would require companies involved in setting up critical infrastructure such as high-speed 5G networks to guarantee that their e…
Heathrow Airport wins court backing for third runway
LONDON (AP) — Plans for a third runway at London’s Heathrow Airport have been given a new boost after the airport’s owner won a Supreme Court challenge Wednesday.
Take advantage of student loan breaks before 2020 ends
Talk of student loan forgiveness has borrowers looking forward to 2021. But many already benefited from some unprecedented events in 2020:
EU chief von der Leyen sees progress in Brexit talks
BRUSSELS (AP) — After weeks of relentless pessimism, the European Union said Wednesday there was now a clear, if narrow, path to reaching an agreement with the United Kingdom on a post-Brexit trade deal that should…
UK still plans to ease restrictions on holiday gatherings
LONDON (AP) — Britain's easing of restrictions for family gatherings over Christmas looks like it's still on despite a sharp spike in new coronavirus infections that's raised fears of another wave of cases and deat…
Saudi Arabia plans spending cuts to trim deficit amid virus
DUBAI, United Arab Emirates (AP) — Saudi Arabia plans to cut more than 7% in spending next year, the finance ministry said, as the region’s biggest oil producer seeks to trim a gaping budget deficit amid the corona…
Germany enters harder lockdown as virus deaths hit new high
BERLIN (AP) — Germany reported a record level of coronavirus deaths as it entered a harder lockdown Wednesday, closing shops and schools to try to bring down stubbornly high new daily infections.
World stocks advance after stimulus talks lift Wall St
World markets advanced on Wednesday after revived hopes for more aid for the U.S. economy broke a four-day losing streak on Wall Street.
India's top court offers to mediate to end farmers' protest
NEW DELHI (AP) — India’s Supreme Court on Wednesday offered to set up a mediation panel to end a three-week protest by tens of thousands of farmers who are demanding the repeal of new agricultural reform laws that …