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.
The Latest: Chicago to resume in-person learning in January
CHICAGO — Public schools in Chicago will resume in-person learning beginning in January, with officials saying remote learning instituted in March due to the coronavirus pandemic has not well-served many students.
Toilet paper limits, empty shelves are back as virus surges
NEW YORK (AP) — Looking for toilet paper? Good luck.
The Latest: New Orleans cancels Mardi Gras parades for virus
NEW ORLEANS — The raucous Mardi Gras parades where riders on elaborate floats toss trinkets to adoring throngs have been canceled in New Orleans because the close-packed crowds could spread the coronavirus.
Ford to revamp Detroit book warehouse into innovation hub
DETROIT (AP) — Ford Motor Co. revealed plans Tuesday to transform a long-vacant book warehouse into a hub for automobile innovation in Detroit’s oldest neighborhood.
TC Energy says Keystone XL pipeline fits Biden agenda
CALGARY, Alberta (AP) — The creation of union jobs and support by Indigenous investors will help convince U.S. President-elect Joe Biden that the Keystone XL pipeline fits into his “Build Back Better” agenda, an ex…
The Latest: Maryland restricts hours, capacity for business
ANNAPOLIS, Md. — Maryland Gov. Larry Hogan is imposing limits for operating hours and capacity of businesses amid a surge in coronavirus cases. He said Tuesday that “we’re in a war right now, and the virus is winni…
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 …
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.
Stocks fall as virus worries force big rally to take a pause
NEW YORK (AP) — Worries about the worsening pandemic pushed Wall Street to tap the brakes Tuesday on its big November rally, which had vaulted stocks back to record heights.
The Latest: UK adds 598 COVID-19 deaths; reports over 52K
LONDON — The British government says another 598 people across the U.K. have died after testing positive for the coronavirus, the highest daily figure since May.
Walgreens, Boston Scientific fall; Tesla, Paramount rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Controversial Fed nominee Shelton stalls in Senate test vote
WASHINGTON (AP) — The nomination of Judy Shelton, President Donald Trump's controversial pick for the Federal Reserve, is stalled in the Senate after Vice President-elect Kamala Harris returned to the chamber to ca…
Controversial Federal Reserve pick Judy Shelton fails to advance in key Senate test vote; future of nomination uncertain
WASHINGTON (AP) — Controversial Federal Reserve pick Judy Shelton fails to advance in key Senate test vote; future of nomination uncertain.
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.
Bulgaria blocks North Macedonia's EU accession talks
BRUSSELS (AP) — Bulgaria blocked the start of already long-delayed European Union accession talks with North Macedonia on Tuesday because of disputes over history and language.