Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
The Way Cafe opens in Moses Lake
MOSES LAKE — It had only been open about an hour and a half, but already The Way Cafe was bustling Tuesday morning.
Weak 0.3% US October sales gain spreads some holiday unease
NEW YORK (AP) — Retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores.
The Latest: 6-day lockdown ordered in South Australia state
SYDNEY — The Australian state of South Australia will begin a six-day lockdown at midnight Wednesday, with schools, universities, bars and cafes closed.
NYC-area nuclear plant sale for decommissioning is approved
BUCHANAN, N.Y. (AP) — The Nuclear Regulatory Commission’s staff have approved the sale of the Indian Point nuclear power plant north of New York City to a New Jersey company for dismantling, despite petitions from …
FDA allows 1st rapid virus test that gives results at home
WASHINGTON (AP) — U.S. regulators on Tuesday allowed emergency use of the first rapid coronavirus test that can be performed entirely at home and delivers results in 30 minutes.
Walgreens, Boston Scientific fall; Tesla, Paramount rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Isolated Americans spend at home; Home Depot is there for it
As the year comes to a close Americans are still stuck at home and that has led to an explosive year for Home Depot. The most recent quarter is no exception.
UK to ban gasoline car sales by 2030 as part of green plan
LONDON (AP) — Britain will ban the sale of new gasoline and diesel cars by 2030, a decade earlier than its previous commitment, the prime minister said Tuesday.
Industrial production up 1.1% in October, but still lagging
SILVER SPRING, Md. (AP) — U.S. industrial production rose 1.1% in October, recovering much of the spring decline caused by the virus pandemic.
EasyJet posts first annual loss in 25-year history
LONDON (AP) — British airline easyJet has posted its first full-year loss in its 25-year history as a result of the coronavirus pandemic but laid out hope that the rollout of vaccines will help it bounce back stron…
Asian stocks mixed after Wall Street fall on virus worries
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street declined as worries about the long-term impact of the coronavirus pandemic tempered enthusiasm about possible vaccine development.
'More people may die': Biden urges Trump to aid transition
WILMINGTON, Del. (AP) — President-elect Joe Biden warned of dire consequences if President Donald Trump and his administration continue to refuse to coordinate with his transition team on the coronavirus pandemic a…
Fed's Powell says surge in virus cases threatens US economy
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging consumers from spending.
Asian stocks higher after Wall Street falls on virus worries
BEIJING (AP) — Asian stock markets were mostly higher Wednesday after Wall Street declined as hopes for a possible coronavirus vaccine were tempered by worries about the pandemic's lingering impact.
Findings of AP dive into abuse of female palm oil workers
Key findings of The Associated Press’
Asia Today: South Korea tightens restrictions to fight virus
SEOUL, South Korea (AP) — South Korea said Tuesday that it will tighten social distancing rules in the greater Seoul area and some parts of eastern Gangwon province to try to suppress a coronavirus resurgence there.