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…
Heavy job cuts in $4.1 bln rescue plan for Portugal airline
LISBON, Portugal (AP) — Portugal’s government unveiled Friday a 3.4 billion-euro ($4.1 billion) rescue package for national airline TAP Air Portugal that entails more than 3,500 job losses — around one-third of the…
Faced with US, EU sanctions, Erdogan calls for dialogue
ANKARA, Turkey (AP) — Faced with the prospect of sanctions from both the United States and the European Union, Turkish President Recep Tayyip Erdogan said Friday that economic penalties would be detrimental to all …
Retailers urge shoppers to buy early amid shipping crunch
NEW YORK (AP) — A number of retailers, including J.C. Penney, Lowe’s and Kohl’s, are telling shoppers they need to place their online orders soon or else pay expedited shipping fees if they want to get their packag…
Leading pro-China news channel in Taiwan ends broadcasts
TAIPEI, Taiwan (AP) — A leading pro-China cable news channel prepared to halt its broadcast operations at midnight Friday after Taiwan’s government refused to renew its license, citing accuracy issues.
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…