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…
The Latest: Fauci: Wear mask, stay distant to avoid lockdown
WASHINGTON --Dr. Anthony Fauci says he doesn’t believe the United States will need to go into lockdown to fight the coronavirus if people double down on wearing masks and social distancing.
France's Sarkozy seeks closure of Libyan corruption case
PARIS (AP) — Former French President Nicolas Sarkozy wants authorities to drop an investigation into alleged illegal financing of his 2007 campaign by the regime of late Libyan leader Moammar Gadhafi, after a centr…
The Latest: Africa sees average 8% rise in new virus cases
NAIROBI, Kenya — Africa’s top public health official says the continent has seen an average 8% rise in new coronavirus cases over the past month as infections creep up again in parts of the continent of 1.3 billion…
India announces $35 billion economic stimulus package
NEW DELHI (AP) — India’s finance minister on Thursday announced a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports hit by the coronavirus pan…
UK economy bounces back in summer but faces wintry chills
LONDON (AP) — The British economy remained nearly 10% smaller at the end of the third quarter despite posting a record bounceback in the summer, when many of the restrictions that had been placed on businesses to c…
State-owned Emirates posts $3.8 billion in half-year losses
DUBAI, United Arab Emirates (AP) — Emirates Group, the owner of the Middle East’s biggest carrier, reported Thursday it lost $3.8 billion in the first half of the year, its first net loss in over three decades afte…
Japanese automaker Nissan posts loss amid pandemic, scandal
TOKYO (AP) — Nissan posted a loss of 44.4 billion yen ($421 million) in the last quarter as the pandemic slammed profitability and the Japanese automaker fought to restore a brand image tarnished by a scandal cente…
The Latest: Germany says restrictions likely through winter
BERLIN — Germany’s health minister is cautioning that restrictions meant to slow the spread of the coronavirus are likely to last through the winter as numbers of new infections remain high.
Siemens quarterly profit rises, last under CEO Kaeser
FRANKFURT, Germany (AP) — German industrial equipment and technology maker Siemens AG recorded a 28% increase in net profit to 1.88 billion euros ($2.21 billion) in the most recent quarter, boosted by a gain of 800…
Frantic search after medicines vanish from Lebanon shelves
BEIRUT (AP) — She is a nurse at a Beirut hospital, and still Rita Harb can’t find her grandfather’s heart drugs.
6 Italian execs arrested in probe linked to bridge collapse
MILAN (AP) — Italian financial police on Wednesday issued arrest warrants against six current and former managers of Italy’s main private highway operator as part of investigations stemming from the Genoa bridge co…
LA Times to pay $3M to settle journalist discrimination case
LOS ANGELES (AP) — The Los Angeles Times and Tribune Publishing have agreed to pay $3 million to settle a lawsuit that said minority journalists and women were paid less than white reporters.
'Obamacare' likely to survive, high court arguments indicate
WASHINGTON (AP) — A more conservative Supreme Court appears unwilling to do what Republicans have long desired: kill off the Affordable Care Act, including its
Online shopping surge could lead to holiday delivery delays
NEW YORK (AP) — Retailers and carriers are preparing for an online holiday shopping surge that could tax shipping networks and lead to delivery delays.
China auto sales grow 12.5% in October, but down for year
BEIJING (AP) — China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year’s first 10 months still …