Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Decoraciones Hermosillo opens location in Moses Lake
MOSES LAKE — Decoraciones Hermosillo has found a home, and it’s packed with decorations for all kinds of events. …
In Wall Street years, 2020 felt like a decade for markets
NEW YORK (AP) — While lockdown life has kept time standing still for nearly everyone through 2020, Wall Street has been locked in at super fast-forward.
Faced with US, EU sanctions, Erdogan calls for dialogue
ANKARA, Turkey (AP) — Faced with the prospect of sanctions from both the United States and the European Union, Turkish President Recep Tayyip Erdogan said Friday that economic penalties would be detrimental to all …
The Latest: Australia leader to go slow on Pfizer vaccine
CANBERRA, Australia — Australia’s prime minister says his government will not rush approval of Pfizer’s coronavirus vaccine because he wants Australians to have confidence in the product.
Mastercard may have to pay billions in UK class action
LONDON (AP) — Mastercard could have to pay U.K. consumers as much as 14 billion pounds ($18.5 billion) after the country’s Supreme Court allowed a class-action lawsuit against the credit-card company to move forwar…
GSK, Sanofi say COVID-19 shot won't be ready until late 2021
LONDON (AP) — Drugmakers GlaxoSmithKline and Sanofi say their potential COVID-19 vaccine won’t be ready until late next year as they seek to improve the shot’s effectiveness in older people.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for January delivery fell 21 cents to $46.57 a barrel Friday. Brent crude oil for February delivery fell 28 cents to $49.97 a barrel.
White House threatens FDA chief's job over vaccine approval
WASHINGTON (AP) — Hours before the Food and Drug Administration authorized the first COVD-19 vaccine late Friday, a high-ranking White House official told the agency’s chief he could face firing if the vaccine was …
Asia Today: S. Korea reports 950 cases, biggest daily jump
SEOUL, South Korea (AP) — South Korea has reported 950 new coronavirus cases, its largest daily increase since the emergence of the pandemic, as fears grow about overwhelmed hospitals in the greater capital area.
Stocks extend losses as virus aid languishes in Congress
U.S. stock indexes pulled further away from their recent highs Friday as prospects for another
Window opens for Virgin Galactic test flight from spaceport
ALBUQUERQUE, N.M. (AP) — The window opened Friday for Virgin Galactic’s first rocket-powered test flight from Spaceport America in southern New Mexico as the company prepares for commercial flights next year, but t…
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.
US allows emergency COVID-19 vaccine in bid to end pandemic
WASHINGTON (AP) — The U.S. gave the final go-ahead Friday to the nation’s first COVID-19 vaccine, marking what could be the beginning of the end of an outbreak that has killed nearly 300,000 Americans.
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.
US long-term mortgage rates flat; 30-year at 2.71%
WASHINGTON (AP) — U.S. long-term mortgage rates were unchanged this week, remaining at record low levels against the backdrop of an economy punished by the pandemic.
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.