Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Port of Moses Lake to build electrical generation, transmission lines
MOSES LAKE — The Port of Moses Lake will start construction of electrical transmission lines between port property…
The Latest: US probably at the start of uptick in cases.
WASHINGTON — Dr. Anthony Fauci, the nation’s top infectious disease expert, is warning that the upcoming holiday season may be even worse than Thanksgiving in terms of spreading the coronavirus.
California unveils smartphone tool to trace virus cases
SACRAMENTO, Calif. (AP) — California is rolling out a voluntary smartphone tool to alert people if they spent time near someone who tests positive for the coronavirus as cases and hospitalizations soar throughout t…
Nationstar Mortgage to refund $73M to borrowers under order
CHARLOTTE, N.C. (AP) — Nationstar Mortgage, which operates under the brand Mr. Cooper, was ordered to repay $73 million to roughly 40,000 homeowners for repeatedly failing to provide even the most basic operations …
Amid pandemic, Davos event to be held in Singapore next year
GENEVA (AP) — Organizers of the annual World Economic Forum event in Davos, Switzerland, have again changed their planned venue for next year’s edition, announcing it will now take place in Singapore in May — a sig…
In Greece, political spat over lockdown turns personal
ATHENS, Greece (AP) — Holiday goodwill during the coronavirus lockdown? In Greece, it’s been in short supply between the nation’s two leading politicians.
EU invites Biden to usher in new era for trans-Atlantic ties
BRUSSELS (AP) — The European Union on Monday invited U.S. President-elect Joe Biden to help mend tattered trans-Atlantic ties and urged him to join it in a long-term “strategic dialogue” that would address global i…
Years of research laid groundwork for speedy COVID-19 shots
How could scientists race out COVID-19 vaccines so fast without cutting corners? A head start helped -- over a decade of behind-the-scenes research that had new vaccine technology poised for a challenge just as the…
Polish state oil refiner buying key private media company
WARSAW, Poland (AP) — Poland's state-run oil company, PKN Orlen, announced Monday that it was buying Polska Press, a large private media group currently under German control that owns a wide swath of daily and week…
Swiss to evacuate village threatened by vast WWII ammo dump
GENEVA (AP) — Swiss authorities say a 3,500-ton stockpile of munitions sitting in an underground depot in the Bernese Alps since World War II must be cleared for safety reasons, advancing toward a giant project tha…
Russian sentenced to French prison for bitcoin laundering
PARIS (AP) — A Russian bitcoin expert at the center of a multi-country legal tussle was sentenced in Paris on Monday to five years in prison for money laundering and ordered to pay 100,000 in fines in a case of sus…
Why are some scientists turning away from brain scans?
NEW YORK (AP) — Brain scans offer a tantalizing glimpse into the mind’s mysteries, promising an almost X-ray-like vision into how we feel pain, interpret faces and wiggle fingers.
Dry autumn in Germany forces Rhine shippers to cut loads
BERLIN (AP) — Months of low rainfall have left Rhine short of water, forcing inland shippers on Germany's longest river to reduce their loads by half to avoid running aground.
Wall Street’s big rally taps the brakes; most US stocks slip
U.S. stocks are taking a pause from their big recent rally, and most stocks on Wall Street are edging lower Monday.
Indonesia expects halal certificate for experimental vaccine
JAKARTA, Indonesia (AP) — Indonesia's highest Muslim clerical body is expected to issue a halal certification for the experimental COVID-19 vaccine developed by China-based Sinovac Biotech, officials said Monday.
The Latest: Germany puts nursing homes, over 80s 1st in line
BERLIN — A panel of medical experts in Germany is recommending that nursing home residents, people over 80 and key medical personnel in acute and elderly care should receive coronavirus vaccines first when they bec…