Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Sleep Diagnostic Center to close after doctor’s sentencing
MOSES LAKE — The Central Washington Sleep Diagnostic Center announced it will be closing its doors effective April…
Canada to add to record deficit in pandemic recovery attempt
TORONTO (AP) — Canadian Prime Minister Justin Trudeau’s government vowed Monday to spend billions more to help the country recover from the pandemic.
Powell says pace of economic improvement has moderated
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.”
Zoom reports big 3Q gains, but slowing growth sinks stock
SAN RAMON, Calif. (AP) — Zoom’s videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build …
How major US stock indexes fared Monday
Stocks ended lower Monday, giving back some of their recent gains, but the S&P 500 still closed out November with its biggest monthly rise since April.
Stocks slip, but S&P 500 still logs best month since April
Stocks pulled back slightly from their record levels Monday as Wall Street put a quiet coda on one of its most rocking months in decades.
The Latest: Florida governor requires schools to remain open
MIAMI — Florida’s Gov. Ron DeSantis said on Monday that schools will be required to remain open despite the rise in confirmed COVID-19 cases and hospitalizations, arguing lockdowns and closures have not worked.
GAO says weekly unemployment benefits report flawed
WASHINGTON (AP) — A government watchdog has found that the Labor Department’s widely watched weekly unemployment benefits data are providing an inaccurate reading on the number of newly laid off workers because of …
Philip Green's retail empire Arcadia calls in administrators
LONDON (AP) — Arcadia Group, the sprawling British retail empire that includes Topshop and has been run by billionaire Philip Green since 2002, was placed into a type of bankruptcy protection on Monday, a move that…
India's govt. invites protesting farmers to talks Tuesday
NEW DELHI (AP) — India's government has moved up talks to Dec. 1 with the leaders of farm groups protesting new agricultural laws in the country's biggest farmer protests in years that have entered their fifth day.
Poland, Hungary PMs meet over EU budget veto strategy
WARSAW, Poland (AP) — Poland and Hungary have declared openness to new proposals from the European Union regarding the bloc's next budget and major coronavirus pandemic aid package that they are threatening to veto…
AP Exclusive: Cardinal Pell on the Vatican and vindication
ROME (AP) — The pope’s former treasurer, Cardinal George Pell, said Monday he feels a dismayed sense of vindication as the financial mismanagement he tried to uncover in the Holy See is now being exposed in a spira…
Turkey toughens curfew measures amid coronavirus surge
ISTANBUL (AP) — Turkey’s president on Monday announced the country's most widespread lockdown so far amid a surge in COVID-19 infections, extending curfews to weeknights and putting a full lockdown in place over th…
Mexico sets another $11.5 billion in infrastructure projects
MEXICO CITY (AP) — Mexico announced another round of 29 private and public infrastructure projects Monday worth about $11.5 billion which are expected to break ground by the end of 2021.
Minnesota gives final green light to disputed oil pipeline
MINNEAPOLIS (AP) — Minnesota regulators approved the final permit Monday for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota, giving the company the green light to begin constructi…
UN: Skiing may not spread coronavirus but slopes still risky
GENEVA (AP) — As several European countries have suspended access to the ski slopes to stop the spread of the coronavirus pandemic, the World Health Organization’s emergencies chief said the risk of catching COVID-…