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…
Can students booted for breaking COVID-19 rules get refunds?
College students returned this fall to find rigid COVID-19 prevention rules that take away from college’s social appeal. And noncompliance can be costly.
Twin River OK'd to run Bally's and renovate it quickly
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators gave approval Thursday to a Rhode Island company to operate Bally's casino and quickly invest in renovations and repairs to Atlantic City's poorest-performi…
Assad blames Syria's current economic woes on Lebanese banks
DAMASCUS, Syria (AP) — Syrian President Bashar Assad said much of his country's current economic distress is a direct result of the banking crisis in neighboring Lebanon, where many Syrian businessmen have traditio…
In Spain, coronavirus puts the poor at the back of the line
MADRID (AP) — Erika Oliva spends at least three hours a week standing in line at a soup kitchen.
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…
AstraZeneca to deliver vaccine trial data by year's end
LONDON (AP) — AstraZeneca hopes to show its COVID-19 vaccine is effective by the end of this year and is ramping up manufacturing so it can supply hundreds of millions of doses in January, Chief Executive Pascal So…
ESPN announces 300 layoffs, citing 'disruption' amid virus
ESPN announced Thursday it is eliminating about 500 jobs worldwide, including about 300 through layoffs.
Japan's Toyota sees profit slip, holding up despite pandemic
TOKYO (AP) — Toyota’s July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have su…
Fed leaves key rate near zero and signals readiness to do more for economy in grip of pandemic
WASHINGTON (AP) — Fed leaves key rate near zero and signals readiness to do more for economy in grip of pandemic.
Greece imposes lockdown to avoid worst at hospitals
ATHENS, Greece (AP) — With a surge in coronavirus cases straining health systems in many European countries, Greece announced a nationwide lockdown Thursday in the hopes of stemming a rising tide of patients before…
The Latest: Australia court upholds state's border closure
CANBERRA, Australia — Australia’s highest court on Friday upheld a state’s border closure and dismissed billionaire businessman Clive Palmer’s argument that the pandemic measure was unconstitutional.
EU cuts 2021 economic outlook as virus spreads
BRUSSELS (AP) — As COVID-19 cases keep rising, the European Union's executive commission lowered its forecast for the economic rebound from the coronavirus pandemic next year and said the economy wouldn’t reach pre…
US productivity increases 4.9% in third quarter
WASHINGTON (AP) — U.S. productivity increased between July and September, but at a slower pace than in the previous quarter.
Pope moves against secretariat of state amid finance scandal
ROME (AP) — Pope Francis is giving the Vatican secretariat of state three months to transfer all of its financial holdings to another Vatican office following its bungled management of hundreds of millions of euros…
Homebuyers’ down payments rise as US home prices climb
LOS ANGELES (AP) — Even with mortgage rates hovering near all-time lows, rising home prices are putting more pressure on buyers to come up with a bigger down payment.