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…
Flamethrower drone incinerates wasp nests in China
BEIJING (AP) — A drone has been converted into a flying flamethrower in central China in a fiery campaign to eradicate more than 100 wasp nests.
AstraZeneca buying drug developer Alexion for $39 billion
LONDON (AP) — Pharmaceutical company AstraZeneca says it is buying U.S. drug developer Alexion in a deal worth $39 billion.
Sanofi, Vail Resorts fall; Disney, Costco rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
Protesting Indian farmers call for 2nd strike in a week
NEW DELHI (AP) — Tens of thousands of protesting Indian farmers have called for a national strike on Monday, the second in a week, to press for the quashing of three new laws on agricultural reform that they say wi…
California to join federal antitrust case against Google
SACRAMENTO (AP) — California is seeking to join the Justice Department in its antitrust lawsuit against Google parent Alphabet Inc., one of the state's largest businesses.
Hong Kong media tycoon Jimmy Lai charged under security law
HONG KONG (AP) — Hong Kong pro-democracy activist and media tycoon Jimmy Lai has been charged under the city’s national security law as authorities step up a crackdown on dissent, local media reported.
'Lost connection' hampers Virgin Galactic's test flight
ALBUQUERQUE, N.M. (AP) — A Virgin Galactic test flight Saturday ended prematurely as the spacecraft's rocket motor failed to ignite and it then glided down safely to its landing site in southern New Mexico.
US agencies hacked in monthslong global cyberspying campaign
WASHINGTON (AP) — Hackers broke into the networks of the Treasury and Commerce departments as part of a monthslong global cyberespionage campaign revealed Sunday, just days after the prominent cybersecurity firm Fi…
Drugmaker Viatris to cut up to 20% of workforce
A recently formed pharmaceutical spinoff will slash 20% of its workforce as it tries to cut at least $1 billion in costs over the next few years.
California governor taps new senior staff amid tough stretch
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom is adding seasoned political operatives after recent departures to his inner circle as he enters the second half of his term amid a difficult stretch of the pa…
Asia shares trend higher; Japan data offsets Wall St losses
Shares were mostly higher in Asia on Monday, shrugging off a weak close last week on Wall Street as hopes for a new round of aid for American workers and businesses faded.
As leaders fete Paris climate pact, Biden pledges to rejoin
PARIS (AP) — U.S. President-elect Joe Biden pledged Saturday to rejoin the Paris climate accord on the first day of his presidency, as world leaders staged a virtual gathering to celebrate the fifth anniversary of …
Chinese authorities detain Bloomberg news assistant
BEIJING (AP) — Chinese authorities have detained a Beijing-based Chinese news assistant for Bloomberg on what they said was suspicion of endangering national security, the American financial news service said.
Japan 'tankan' business survey shows optimism over recovery
A quarterly survey by the Bank of Japan shows business sentiment has improved sharply with expectations that the economy is recovering from a year-long recession.
Silent nights: Germany tightens virus lockdown over holidays
BERLIN (AP) — Most stores shut, tight limits on social contacts, no singing in church and a ban on fireworks sales: Germany is ratcheting up its pandemic restrictions in an effort to cut the stubbornly high rate of…