Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Amazon’s Walla Walla data center plan sparks tension between protesters, local officials
WALLA WALLA — More than 400 Washingtonians across 19 locations took to the streets Sunday to demand a statewide mo…
Macy's loses money in 3Q; virus surges into holiday season
NEW YORK (AP) — Macy's swung to a quarterly loss and sales tumbled 22% as the department store chain struggled to bring shoppers back to stores during a pandemic.
Southwest, United Airlines see weak demand over holidays, 1Q
DALLAS (AP) — United Airlines warned Thursday that bookings have slowed and cancellations have increased as the number of coronavirus infections spikes across the country.
Bally's buys sports betting tech company, closes AC purchase
ATLANTIC CITY, N.J. (AP) — Bally's Corp. has purchased a sports betting technology company for $125 million and has finalized the purchase of a casino in Atlantic City.
Over 4,700 jobs at risk as UK fashion chains seek rescue
LONDON (AP) — Over 4,700 jobs are at risk after the owner of British fashion chains Peacocks and Jaeger said Thursday it had failed to find a buyer for the troubled businesses, which like others in the sector are r…
Hungary to purchase air defense systems from US, Norway
BUDAPEST, Hungary (AP) — Hungary has agreed to purchase NASAMS air defense systems from U.S. arms manufacturer Raytheon Technologies and Norwegian defense company Kongsberg, a Hungarian official said Thursday.
Existing home sales up 4.3% in October, fifth monthly gain
CHARLOTTE, N.C. (AP) — Sales of existing homes rose for a fifth straight month in October, the National Association of Realtors said Thursday, reaching a level not seen since before the housing bubble popped 14 yea…
The Latest: WHO: Slight slowing of virus cases in Europe
LONDON — The World Health Organization’s Europe director says there is a “small signal” the latest resurgence of coronavirus cases in the region is slowing.
Mazda No. 1 in Consumer Reports 2020 auto reliability survey
DETROIT (AP) — Mazda beat traditional winners Lexus and Toyota to win top honors as the most dependable auto brand in Consumer Reports' annual reliability survey.
Brexit trade talks suspended because of COVID-19 case
BRUSSELS (AP) — As if the Brexit trade negotiations were not tortuous enough, the coronavirus added a twist at a crucial stage on Thursday when top-level talks had to be suspended because an EU negotiator tested po…
US jobless claims rise to 742,000; millions to lose aid
WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing …
High-level Brexit trade talks suspended after negotiator tests positive for COVID-19
BRUSSELS (AP) — High-level Brexit trade talks suspended after negotiator tests positive for COVID-19.
742,000 Americans seek jobless aid as layoffs remain elevated amid resurgence of virus
WASHINGTON (AP) — 742,000 Americans seek jobless aid as layoffs remain elevated amid resurgence of virus.
Nom Wah at 100: a cookbook about a restaurant and community
NEW YORK (AP) — Wilson Tang was getting ready to celebrate the 100th anniversary of his restaurant, Nom Wah Tea Parlor, last winter and launch his first-ever cookbook. Then COVID-19 arrived, and Chinatown’s lively …
Belarus nuclear plant resumes producing electricity
KYIV, Ukraine (AP) — Belarus' nuclear power plant, which went out of service a few days after it started operating, resumed producing electricity, officials said Thursday.
EU auditors: Antitrust probes too slow to curb tech giants
LONDON (AP) — The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.