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…
Cuba's president to drop its dual currency system Jan. 1
HAVANA (AP) — Cuba will unify its monetary system on New Year's Day, President Miguel Díaz-Canel announced Thursday evening, closing the door on more than 25 years with two national currencies in circulation.
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.
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.
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…
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 …
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…
Q&A: What's next for Facebook in the antitrust case?
Could Facebook be forced to spin off WhatsApp and Instagram? That’s what the U.S. government is seeking in a
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…
US panel endorses widespread use of Pfizer COVID-19 vaccine
WASHINGTON (AP) — A U.S. government advisory panel endorsed widespread use of Pfizer’s coronavirus vaccine Thursday, putting the country just one step away from launching an epic vaccination campaign against the ou…
Visa, Mastercard won't allow charges for services on Pornhub
NEW YORK (AP) — Mastercard and Visa said Thursday they would block their customers from using the credit cards to make purchases on Pornhub following accusations the pornographic website showed videos of rape and u…
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.
The Latest: Pennsylvania sets new restrictions to stem virus
HARRISBURG, Pa. — Pennsylvania is halting school sports and other extracurricular activities, ordering gyms, theaters and casinos to close and banning indoor dining at restaurants in response to the worsening pande…
Stock indexes end mixed as damage to the economy piles up
U.S. stock indexes closed mostly lower Thursday following more evidence that
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…
McConnell signals no GOP support for emerging COVID-19 deal
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell is hitting the brakes on emerging COVID-19 aid package from a bipartisan group of lawmakers, saying Republican senators won't support $160 billion in state a…