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.
Unemployment drops to 6.9% and US adds a solid 638,000 jobs
WASHINGTON (AP) — The U.S. job market showed a surprising burst of strength in October, with employers adding 638,000 jobs and the unemployment rate tumbling to 6.9%. Still, the pace of hiring isn’t robust enough t…
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…
Stocks slip ahead of US jobs report, trimming earlier gains
BEIJING (AP) — Global stock markets turned lower on Friday ahead of a U.S. jobs report and amid protracted vote-counting following this week's American elections.
Marriott bounces back as activity in China surges
Marriott is reporting dramatic improvements in the third quarter as travel demand rebounded in China.
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.
CVS Health picks Lynch to lead company as president, CEO
CVS Health has picked its next president and CEO from among its current group of executive leaders.
The Latest: Russia under stain as it sets new virus record
MOSCOW — Russia’s daily number of new coronavirus infections topped 20,000 Friday, setting a new record since the beginning of the pandemic.
The Latest: US asks WHO to invite Taiwan to heath assembly
GENEVA — The United States is urging the head of the World Health Organization to invite Taiwan to attend the U.N. health agency’s annual assembly next week, pointing to its “resounding success” against COVID-19.
The Latest: Germany to see hard times if virus not checked
BERLIN — Germany’s health minister has warned of hard times ahead unless the country can “break” the rising trajectory of coronavirus cases.
World stocks mixed after Wall Street election gains
BEIJING (AP) — Global stock markets followed Wall Street higher on Friday amid protracted vote-counting following this week's U.S. elections.
Genie aggressively controlling inventory
While sales of lifts and aerial work platforms are slowly improving, executives with Terex, the parent company of Genie, said the company has reduced production to keep pace with market demand in order to keep inve…
Japan automaker Honda reports profit rise despite pandemic
TOKYO (AP) — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world.
Fed signals readiness to do more for economy as virus rages
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavi…
False claims of Wisconsin voter fraud rely on wrong numbers
Associated Press (AP) — Posts shared thousands of times on Facebook, Twitter and Instagram are falsely claiming that the number of people who cast ballots in Wisconsin exceeds the number of registered voters in the…
UK bolsters economic support as England goes into lockdown
LONDON (AP) — The British government and the Bank of England joined forces Thursday to provide further support to an economy facing a difficult winter following the imposition of new coronavirus lockdown measures.