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…
Radiation spike detected at Finnish nuke plant; no leak
HELSINKI (AP) — Finland's nuclear safety watchdog said Thursday that a radiation spike was detected inside one of the country’s nuclear plants, which led to an automatic shutdown of a reactor, but there was no radi…
Europe gets new blast of stimulus to counter virus surge
FRANKFURT, Germany (AP) —
EU leaders agree to reduce emissions after all-night talks
BRUSSELS (AP) — European Union leaders reached a hard-fought deal Friday to cut the bloc’s net greenhouse gas emissions by at least 55% by the end of the decade compared with 1990 levels, avoiding a hugely embarras…
Airbnb shares more than double in price in long-awaited IPO
Airbnb proved its resilience in a year that has upended global travel. Now it needs to prove it can live up to investors’ sky-high expectations.
Mexico president wants central bank to buy up dirty cash
MEXICO CITY (AP) — The party of President Andrés Manuel López Obrador raised a storm of criticism Thursday with legislation aimed at forcing Mexico's central bank to be buyer of last resort for all the U.S. cash th…
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.
US budget deficit up 25.1% in first 2 months of budget year
WASHINGTON (AP) — The U.S. government's deficit in the first two months of the budget year ran 25.1% higher than the same period a year ago as spending to deal with the COVID pandemic soared while tax revenues fell.
Google, Amazon fined $163 million by French privacy watchdog
PARIS (AP) — France’s data privacy watchdog said Thursday it has fined Google 100 millions euros ($121 million) and Amazon 35 million euros ($42 million) for breaching the country’s rules on advertising cookies.
German court halts felling of trees at site of Tesla plant
BERLIN (AP) — A German court has ruled that automaker Tesla Inc. has to stop clearing trees on the site where it's building its first electric car factory in Europe, the news agency dpa reported Thursday.
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…
Watchdog raises possible Kushner link to $700M rescue loan
WASHINGTON (AP) — A congressional monitor of federal pandemic aid is raising the possibility of a link between President Donald Trump's son-in-law, Jared Kushner, and a $700 million relief loan to a struggling truc…
German regulators launch new Facebook investigation over VR
BERLIN (AP) — German regulators launched an investigation Thursday into Facebook over the company's decision to link its Oculus virtual reality products to the social network, authorities said.
Asia Today: Tokyo's daily infections top 600 for first time
TOKYO (AP) — The number of new coronavirus infections in Japan’s capital topped 600 in a day for the first time Thursday, while experts warned of the increased burden on hospitals.
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
UK signs post-Brexit free trade deal with Singapore
LONDON (AP) — The U.K. has signed a free trade deal with Singapore covering trade worth 17.6 billion pounds ($23.4 billion,) the latest in a series of trade pacts that Britain is seeking to secure around the world …