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 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.
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.
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…
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.
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…
Australia won't rush Pfizer after homegrown vaccine canned
CANBERRA, Australia (AP) — Australian Prime Minister Scott Morrison said Friday that his government won't rush approval of Pfizer’s coronavirus vaccine because he wants people to have confidence in the product
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…
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.
China's auto sales rise in November, but down for the year
BEIJING (AP) — China’s sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic, but were below pre-virus levels for the year, an industry group re…
AP source: White House chief of staff presses FDA chief to approve Pfizer coronavirus vaccine by end of day Friday
WASHINGTON (AP) — AP source: White House chief of staff presses FDA chief to approve Pfizer coronavirus vaccine by end of day Friday.
Building resumes on German-Russian pipeline opposed by US
BERLIN (AP) — Construction of a German-Russian pipeline that the United States has vehemently opposed resumed on Friday after nearly a year, the company building the pipeline said.