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…
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.
Ferrari CEO resigns 2 years after replacing Marchionne
MILAN (AP) —
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.
Businesses plead for Brexit deal as trade talks remain stuck
LONDON (AP) — British businesses and some European Union leaders on Friday urged Prime Minister Boris Johnson to strike a last-minute trade deal with the EU, as the two sides told their citizens to brace for New Ye…
The Latest: Greece keeps most restrictions through Christmas
ATHENS, Greece — Greek authorities say bookshops and hairdressers will be allowed to reopen beginning Monday but all other retail stores, entertainment venues, restaurants, bars and cafes will remain shut throughou…
Asia Today: Hong Kong secures 15 million vaccine doses
HONG KONG (AP) — Hong Kong has secured delivery of 15 million doses of COVID-19 vaccines, with the first million to arrive as early as January, the city’s leader said Friday.
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.
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.
Global stocks lower after Wall St falls on virus pressure
BEIJING (AP) — Global stock markets were mostly lower Friday after U.S. unemployment claims rose in a sign of worsening economic damage from the coronavirus pandemic while Congress is deadlocked over possible new a…
The Latest: Calls grow for tougher measures in Germany
BERLIN — Calls are growing for tougher lockdown measures in Germany as officials report record daily increases in both coronavirus cases and deaths.
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…
Business Highlights
___
UK's Johnson: 'Strong possibility' Brexit talks will fail
BRUSSELS (AP) — With a chaotic and costly no-deal Brexit three weeks away, leaders of both the European Union and United Kingdom saw an ever likelier collapse of trade talks Thursday, and British Prime Minister Bor…
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.
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.