Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
STCU to open new Othello building
OTHELLO — Spokane Teachers Credit Union’s Othello branch is moving July 1, according to Vice President and Communi…
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.
The Latest: Mexico is 4th nation to OK the Pfizer vaccine
MEXICO CITY — Mexico’s medical safety commission has approved the emergency use of the Pfizer-BioNTech vaccine for the coronavirus.
Oracle says it will move HQ from Silicon Valley to Texas
REDWOOD CITY, Calif. (AP) — Tech giant Oracle Corp. said Friday it will move its headquarters from Silicon Valley to Austin, Texas, and let many employees choose their office locations and decide whether to work fr…
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.
How major US stock indexes fared Friday
Major indexes fell on Wall Street Friday as prospects for another aid package from Washington faded even as a surge in virus cases threatens to inflict more damage on an already battered economy.
The Latest: Arkansas records state one-day record in deaths
LITTLE ROCK, Ark. — Arkansas health officials on Friday reported a one-day record of 55 deaths due to COVID-19 and 2,770 new confirmed or probable cases.
Sanofi, Vail Resorts fall; Disney, Costco rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
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 …
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…
White House threatens Hahn's job over vaccine approval
WASHINGTON (AP) — White House chief of staff Mark Meadows on Friday pressed Food and Drug Administration chief Stephen Hahn to grant an emergency use authorization for Pfizer's coronavirus vaccine by the end of the…
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.
Congress averts shutdown, buys time for more COVID-19 talks
WASHINGTON (AP) — Congress sent a temporary government-wide funding bill to President Donald Trump on Friday that would avert a federal shutdown at midnight and buy time for on-again, off-again talks on COVID-19 ai…
Senate sends Trump defense bill he has vowed to veto
WASHINGTON (AP) — The Senate on Friday approved a wide-ranging defense policy bill, sending it to President Donald Trump, despite his threat to veto the bill because it does not clamp down on big tech companies he …
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.