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…
China's October exports accelerate, boosted by US demand
BEIJING (AP) — China’s export growth accelerated in October, boosting the total so far this year back above pre-coronavirus levels for the first time.
Pandemic puts Indonesia into recession; 1st time in 20 years
JAKARTA, Indonesia (AP) — Indonesia’s economy has fallen into recession for the first time since the Asian financial crisis more than two decades ago as the country struggles to control the coronavirus pandemic.
Stocks close a blistering week, even as uncertainty lingers
NEW YORK (AP) — Wall Street took a breather Friday after a blistering rally that gave the market its biggest weekly gain since April and indicated investors see plenty of benefits from more gridlock in Washington.
Hiring held last month but signs of caution as virus worsens
WASHINGTON (AP) — Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October, yet there are signs they remain cautious about the economy's future as the pandemic worsens.
Marriott bounces back as activity in China surges
Marriott is reporting dramatic improvements in the third quarter as travel demand rebounded in China.
Without Ginsburg, high court support for health law in doubt
WASHINGTON (AP) — Until six weeks ago, defenders of the
Plans for LNG terminal at German port being reconsidered
BERLIN (AP) — A German company said Friday it is re-evaluating plans for a liquefied natural gas terminal in the North Sea port of Wilhelmshaven after failing to receive sufficient commitments from potential custom…
Unemployment drops to 6.9% but US job growth slows again to 638,000 in face of surging pandemic
WASHINGTON (AP) — Unemployment drops to 6.9% but US job growth slows again to 638,000 in face of surging pandemic.
Books? Hairdressers? Europeans split on lockdown essentials
HALLE, Belgium (AP) — The concept of what is essential to keep a society functioning during coronavirus lockdowns is gripping Europe as the pandemic unleashes death, poverty, illness and isolation.
Profit jumps 82% at Buffett's firm but virus hurts business
OMAHA, Neb. (AP) — Warren Buffett's conglomerate reported an 82% jump in its third-quarter profit as the value of its investment portfolio soared, but Berkshire Hathaway said the coronavirus pandemic continued to h…
US consumer borrowing up $16.2 billion in September
WASHINGTON (AP) — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months.
Asian stocks mixed after Wall Street election gains
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's U.S. elections.
Business Highlights
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Malaysia to raise 2021 spending to counter virus impact
KUALA LUMPUR, Malaysia (AP) — Malaysia's government proposed a larger national budget in 2021 on Friday to help the coronavirus-hit economy rebound by up to 7.5% and provide increased handouts for the poor.
Facebook bans big 'Stop the Steal' group for sowing violence
OAKLAND, Calif. (AP) — Facebook on Thursday banned a large group called “Stop the Steal” that supporters of President Donald Trump were using to organize protests against the presidential vote count. Some members h…