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: Cases soaring in New Delhi ahead of festival
NEW DELHI — Coronavirus infections are continuing to soar in India’s capital as the country heads into a festival weekend that sees large gatherings.
Louis Dreyfus to sell 45% stake to Abu Dhabi wealth fund
DUBAI, United Arab Emirates (AP) — One of the world’s biggest grain exporting houses signed an agreement on Wednesday to sell a 45% stake to the Abu Dhabi sovereign wealth fund, both companies announced.
New BMW has classic grille - but for sensors, not airflow
FRANKFURT, Germany (AP) — German luxury automaker BMW on Wednesday gave an early look at a new battery-driven SUV that illustrates the company's future plans for electric-powered driving.
U.S. bankruptcy court approves sale of J.C. Penney
NEW YORK (AP) — J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary l…
Lyft, FuboTV rise; Model N, Coherent fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
The Latest: Hong Kong, Singapore plan 'air travel bubble'
HONG KONG — Hong Kong and Singapore will establish an "air travel bubble" Nov. 22 allowing travelers from the two cities to visit the other without having to serve quarantine in a first step to stimulate tourism am…
UK to increase powers to block foreign investments
LONDON (AP) — The British government plans to increase its power to block or modify foreign investment in the U.K. on national security grounds under legislation to be introduced Wednesday.
Asian shares mostly higher as focus shifts to virus recovery
Shares were mostly higher Wednesday in Asia after a worldwide rally spurred by hopes that a COVID-19 vaccine will help the global economy return to normal.
Gabriel Escobar named top editor at Philadelphia Inquirer
PHILADELPHIA (AP) — Veteran journalist Gabriel Escobar, who has been second in command of The Philadelphia Inquirer since 2017, has been named the top editor of the newspaper, it reported Wednesday.
Airline alliances urge testing over quarantines
FRANKFURT, Germany (AP) — Three global airline alliances are urging governments to put into practice common guidelines for passenger testing and digital health pass technology, to help people start flying again.
Future of business travel unclear as virus upends work life
Brian Contreras represents the worst fears of the lucrative business travel industry.
Money to support Trump court fight could flow to president
WASHINGTON (AP) — As President Donald Trump’s chances of reelection dwindled last week, his campaign began blasting out a nonstop stream of emails and text messages that led to a website raising money for an “elect…
Asian shares slip on faltering hopes for COVID vaccines
Stocks fell back across Asia on Thursday after gains for big technology shares pushed most Wall Street benchmarks higher. U.S. futures also declined.
California voters reject revamp to property tax system
SAN DIEGO (AP) — California voters rejected a proposal to partially dismantle the state’s 42-year-old cap on property taxes, a move that would have have raised taxes for many businesses in a pandemic-hobbled econom…
Central Florida lands hub for Jetsons-like 'flying cars'
ORLANDO, Fla. (AP) — The nation's first regional hub for “flying cars" is being built in central Florida and once completed in five years, the vehicles will be able to take passengers from Orlando to Tampa in a hal…