Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
Corps suspends $9.4B plastics complex permit for review
NEW ORLEANS (AP) — The Army Corps of Engineers has suspended its permit for a Chinese conglomerate’s $9.4 billion plastics complex on a technicality but says it may also review other aspects of the permit.
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.
Biden vows to strengthen economy despite exploding pandemic
WILMINGTON, Del. (AP) — Acknowledging that the nation is in a “dark” place, President-elect Joe Biden on Monday said his administration would strengthen the country's vulnerable economy despite the exploding pandem…
The Latest: WHO concerned over North America, Europe cases
GENEVA — The World Health Organization director-general says the U.N. agency is “extremely concerned” by a surge of coronavirus cases particularly in Europe and North America, saying health workers and systems are …
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…
The Latest: Michigan congressman tests positive for COVID-19
JACKSON, Mich. — A Michigan congressman said Monday he has tested positive for COVID-19.
Poland, Hungary veto EU budget over rule-of-law issue
WARSAW, Poland (AP) — Poland and Hungary on Monday vetoed the European Union's next seven-year budget and a massive coronavirus recovery plan due to a new mechanism that links EU funding to the rule of law, plungin…
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…
Government furthers investigation into Tesla camera failures
WASHINGTON (AP) — U.S. safety regulators are continuing their investigation into complaints that Tesla's giant touch screens can fail and cause the cars to lose the rear camera display and other functions.
Home Depot reunites with HD Supply in deal valued at $8B
Home Depot is reuniting with former subsidiary HD Supply, buying the company in a deal valued at about $8 billion.
The Latest: Sweden puts limit on gatherings to curb virus
Sweden has placed a nationwide limit of eight people for all gatherings in an effort to bring down coronavirus infections. The limit takes effect Nov. 24 and will last for four weeks.
Poland, Hungary threaten EU budget over rule-of-law issue
WARSAW, Poland (AP) — The governments of Poland and Hungary threatened Monday to veto the European Union's next seven-year budget and coronavirus recovery plan due to a new mechanism that would link funding to the …
Stocks open higher on Wall Street on more good vaccine news
NEW YORK (AP) — Encouraging news on a second possible coronavirus vaccine sent stocks higher in early trading on Wall Street, following gains in overseas markets. Moderna said Monday that preliminary data show its …
Saudi Aramco to issue bonds as it seeks cash amid oil slump
DUBAI, United Arab Emirates (AP) — Saudi Arabia's oil giant Aramco announced Monday it will issue international bonds as it seeks a cash infusion to help pay for billions of dollars in dividends the company promise…
2nd virus vaccine shows overwhelming success in U.S. tests
Moderna said Monday its COVID-19 vaccine is proving highly effective in a major trial, a second ray of hope in the global race for a shot to tame a resurgent virus that is now killing more than 8,000 people a day w…