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…
AP Interview: India vaccine maker sees virus as wake-up call
NEW DELHI (AP) — The coronavirus pandemic is a “wake up call” for governments to invest more in health care, says Adar Poonawalla, CEO of the Serum Institute of India, the world’s largest manufacturer of vaccines.
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.
Tokyo Games sponsors pay $3.3 billion, but more still needed
TOKYO (AP) — Domestic sponsors already have contributed a record $3.3 billion to help pay for the Tokyo Olympics. That's at least twice as much as any previous games.
Sanofi, Vail Resorts fall; Disney, Costco rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
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.
Inflation still a no-show, US wholesale prices up just 0.1%
WASHINGTON (AP) — U.S. wholesale prices edged up just 0.1% in November with the economic disruption from the pandemic continuing to suppress demand and keeping inflation at extremely low levels.
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.
States will start getting COVID-19 vaccine Monday, US says
WASHINGTON (AP) — The nation's first COVID-19 vaccine will begin arriving in states Monday morning, U.S. officials said Saturday, after the government gave the final go-ahead to the shots needed to end an outbreak …
'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.
Pakistan asks UN to probe fake pro-India NGOs, media
ISLAMABAD (AP) — Pakistan's foreign minister on Friday called for the United Nations and the European Union to investigate a recent report exposing a 15-year disinformation campaign that Islamabad alleges was desig…
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…
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.