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.
California businesses hit with new virus restrictions
SACRAMENTO, Calif. (AP) — California gym owner D'Lee Daleo has spent months following ever-changing rules to keep her struggling business afloat during the coronavirus pandemic, so the prospect of tighter state reg…
Virus quarantine complicates a big week for Boris Johnson
LONDON (AP) — British Prime Minister Boris Johnson said Monday he is “fit as a butcher’s dog” and firmly in control of the government, despite having to self-isolate because a contact has tested positive for the co…
PNC to buy US unit of Spain's BBVA bank for $11.6 billion
NEW YORK (AP) — PNC Financial Services Group Inc. said Monday it is buying the U.S. subsidiary of Spain’s BBVA bank for $11.6 billion in cash.
Changing course, Iowa governor enacts limited mask mandate
IOWA CITY, Iowa (AP) — With Iowa hospitals filling up, Republican Gov. Kim Reynolds dropped her longtime opposition to a statewide mask mandate and enacted a limited version of one on Monday.
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Facebook, Twitter CEOs to be pressed on election handling
WASHINGTON (AP) — The CEOs of Facebook and Twitter are being summoned before Congress to defend their handling of disinformation in the 2020 presidential election, even as lawmakers questioning them are deeply divi…
Airbnb details years of losses ahead of planned IPO
Airbnb was losing money even before the pandemic struck and cut its revenue by almost a third, the home-sharing company revealed in documents filed Monday ahead of a planned initial public offering of its stock.
Moderna says early data suggests its COVID-19 vaccine is effective, putting a second shot closer to seeking US approval
CAMBRIDGE, Mass. (AP) — Moderna says early data suggests its COVID-19 vaccine is effective, putting a second shot closer to seeking US approval.
2nd virus vaccine shows striking success in US tests
A second experimental COVID-19 vaccine — this one from Moderna Inc. — yielded extraordinarily strong early results Monday, another badly needed dose of hope as the pandemic enters a terrible new phase.
SEC Chair Clayton leaving post as top financial regulator
WASHINGTON (AP) — Jay Clayton, a former Wall Street lawyer who has headed the Securities and Exchange Commission as the financial markets’ top regulator during the Trump administration, is leaving the position at y…
The Latest: S. Korea daily virus cases stay above 200
South Korea’s daily coronavirus tally has stayed above 200 for a third consecutive day, as authorities consider raising the country’s social distancing rules.
Tesla will be added to the benchmark S&P 500 index Dec. 21
NEW YORK (AP) — Tesla will be added to the S&P 500 index on Dec. 21. Based on its market value Monday, the electric car maker would be one of the top 10 companies in the benchmark index upon entry.
Privacy activists in EU file complaints over iPhone tracking
BERLIN (AP) — European privacy activists have filed complaints against Apple over its use of software to track the behavior of iPhone users.
Trump administration takes steps toward refuge lease sale
JUNEAU, Alaska (AP) — The Trump administration is taking steps toward a lease sale within the Arctic National Wildlife Refuge, an area President-elect Joe Biden has said he would move to protect from oil and gas dr…
Dow closes at a record high for first time since February, recouping its pandemic losses, as hopes build for a vaccine
NEW YORK (AP) — Dow closes at a record high for first time since February, recouping its pandemic losses, as hopes build for a vaccine.