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…
OPEC talks on oil production to go into second day
FRANKFURT, Germany (AP) — Leaders of the OPEC oil cartel adjourned their virtual meeting Monday on future production as no agreement was announced on whether to extend output cuts into next year.
FCC Chairman Ajit Pai to leave telecom agency on January 20
Federal Communications Commission Chairman Ajit Pai, a Republican, says he is leaving the telecommunications regulator on Inauguration Day.
The Latest: US concerned about adequate supplies for vaccine
WASHINGTON — A government watchdog agency says most states are concerned they won’t have adequate supplies to administer COVID-19 vaccines, which are expected to start becoming available for high-priority groups in…
Scottish leader says she could seek 2021 independence vote
LONDON (AP) — Scotland’s leader said Monday that she hopes to hold an independence referendum as soon as next year, setting up a political showdown with a U.K. government that refuses to countenance another secessi…
Holiday air travel surges despite dire health warnings
Nearly 1.2 million people passed through U.S. airports Sunday, the largest number since the pandemic gripped the country in March, despite pleas from health experts for Americans to stay home over Thanksgiving.
GM rethinks planned stake in electric vehicle maker Nikola
NEW YORK (AP) — General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pick…
Stocks fall as Wall Street puts quiet stamp on rocking month
U.S. stocks are pulling back from their record levels Monday, as Wall Street puts a quiet coda on one of its most rocking months in decades.
The Latest: California enacts stricter COVID-19 restrictions
LOS ANGELES — Counties across California have enacted stricter COVID-19 restrictions after the state broke a record with more than 7,400 coronavirus hospitalizations.
Germany's Merkel: Brexit no-deal would set bad example
BERLIN (AP) — German Chancellor Angela Merkel said Monday that Britain and the European Union would set a bad example if they fail to reach a deal on their future relationship, but again insisted that the EU doesn'…
Stocks dip as Wall Street puts quiet stamp on rocking month
NEW YORK (AP) — U.S. stocks are easing back from their record levels Monday, and Wall Street appears to be putting a quiet coda on one of its most rocking months in decades.
Fewer Americans sign contracts to buy homes in October
SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes fell for the second consecutive month as lack of available homes continues to stifle house hunters.
First blood test to help diagnose Alzheimer's goes on sale
A company has started selling the first blood test to help diagnose Alzheimer’s disease, a leap for the field that could make it much easier for people to learn whether they have dementia. It also raises concern ab…
Stocks open lower but are still headed for big monthly gains
NEW YORK (AP) — Stocks are falling in the early going on Wall Street as traders return from the Thanksgiving holiday, but major indexes are still on track for hefty monthly gains. The S&P 500 slipped 0.3% shortly a…
Biden to nominate Yellen, highlights diversity on econ team
WILMINGTON (AP) —
Data is king on Wall Street; 2 providers join in $44B deal
The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the b…