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…
San Diego to fight ruling letting strip clubs stay open
SAN DIEGO (AP) — While California's new stay-at-home order has shut down restaurant dining, shuttered salons and kept church services outside, two strip clubs in San Diego are still welcoming patrons nightly, prote…
US consumer prices increase 0.2% in November as energy prices rise while food costs drop
WASHINGTON (AP) — US consumer prices increase 0.2% in November as energy prices rise while food costs drop.
EU plans to hit Turkey with more sanctions over Med drilling
BRUSSELS (AP) — European Union leaders early Friday gave the green light for the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece and C…
US jobless claims jump to 853,000 as layoffs remain elevated amid resurgence of virus
WASHINGTON (AP) — US jobless claims jump to 853,000 as layoffs remain elevated amid resurgence of virus.
Sen. Rand Paul delays defense bill vote over troop drawdowns
WASHINGTON (AP) — A Senate vote on a wide-ranging defense policy bill was delayed Thursday after Kentucky Republican Rand Paul objected to the measure, casting the next steps in doubt and raising the slim prospect …
Blockbuster IPO market still calls for cautious approach
LOS ANGELES (AP) — Wall Street has rolled out the welcome mat for companies going public this year, boosting proceeds from initial public offerings to the highest level in six years.
How major US stock indexes fared Thursday
Industrial and communication services companies helped push stocks mostly lower on Wall Street Thursday, extending the market's losses from a day earlier.
Swiss, Italians find deal to keep trains running in pandemic
GENEVA (AP) — Authorities in Switzerland and Italy say they've reached a last-moment deal to keep trains running between the two countries, after concerns over coronavirus containment threatened to almost entirely …
European Central Bank increases bond-buying stimulus program by 500 billion euros, extends duration to March 2022
FRANKFURT, Germany (AP) — European Central Bank increases bond-buying stimulus program by 500 billion euros, extends duration to March 2022.
Airbnb shares more than double in price as the home sharing company makes its long-awaited debut on Nasdaq
NEW YORK (AP) — Airbnb shares more than double in price as the home sharing company makes its long-awaited debut on Nasdaq.
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.
November consumer prices up 0.2% as energy costs rise
WASHINGTON (AP) — U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs.
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…
Asian stocks mixed after Wall St falls on virus pressure
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street sank following signs damage to the U.S. economy from the coronavirus is worsening while Congress is deadlocked over possible new aid.
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…