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…
US jobless claims jump to 853,000 as layoffs remain elevated amid resurgence of virus
WASHINGTON (AP) — US jobless claims jump to 853,000 as layoffs remain elevated amid resurgence of virus.
Sen. Rand Paul delays defense bill vote over troop drawdowns
WASHINGTON (AP) — A Senate vote on a wide-ranging defense policy bill was delayed Thursday after Kentucky Republican Rand Paul objected to the measure, casting the next steps in doubt and raising the slim prospect …
Blockbuster IPO market still calls for cautious approach
LOS ANGELES (AP) — Wall Street has rolled out the welcome mat for companies going public this year, boosting proceeds from initial public offerings to the highest level in six years.
How major US stock indexes fared Thursday
Industrial and communication services companies helped push stocks mostly lower on Wall Street Thursday, extending the market's losses from a day earlier.
Swiss, Italians find deal to keep trains running in pandemic
GENEVA (AP) — Authorities in Switzerland and Italy say they've reached a last-moment deal to keep trains running between the two countries, after concerns over coronavirus containment threatened to almost entirely …
European Central Bank increases bond-buying stimulus program by 500 billion euros, extends duration to March 2022
FRANKFURT, Germany (AP) — European Central Bank increases bond-buying stimulus program by 500 billion euros, extends duration to March 2022.
Airbnb shares more than double in price as the home sharing company makes its long-awaited debut on Nasdaq
NEW YORK (AP) — Airbnb shares more than double in price as the home sharing company makes its long-awaited debut on Nasdaq.
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.
November consumer prices up 0.2% as energy costs rise
WASHINGTON (AP) — U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs.
Congress stuck, McConnell resists state aid in COVID-19 deal
WASHINGTON (AP) — An emerging $900 billion COVID-19 aid package from a bipartisan group of lawmakers all but collapsed Thursday after Senate Majority Leader Mitch McConnell said Republican senators won't support $1…
Asian stocks mixed after Wall St falls on virus pressure
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street sank following signs damage to the U.S. economy from the coronavirus is worsening while Congress is deadlocked over possible new aid.
Congress stuck, McConnell resists state aid in COVID-19 deal
WASHINGTON (AP) — An emerging $900 billion COVID-19 aid package from a bipartisan group of lawmakers all but collapsed Thursday after Senate Majority Leader Mitch McConnell said Republican senators won't support $1…
Cuba's president to drop its dual currency system Jan. 1
HAVANA (AP) — Cuba will unify its monetary system on New Year's Day, President Miguel Díaz-Canel announced Thursday evening, closing the door on more than 25 years with two national currencies in circulation.
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.
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.