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…
Nation by nation, the world watches Election Day in the US
For four years, the world’s nations have watched as a very different American president engages with the international community — or doesn’t.
Belarus cranks up 1st nuclear plant; Lithuania is fearful
MOSCOW (AP) — Belarus' first nuclear power plant began operating Tuesday, a project that has spooked its neighbor Lithuania, which immediately cut off importing electricity from Belarus at the news.
Asia Today: New Delhi sees worst wave as India's cases drop
NEW DELHI (AP) — India's capital is seeing its worst wave of coronavirus infections since the start of the pandemic, even as the nation's overall cases fall.
Treasury projects borrowing $617 billion in current quarter
WASHINGTON (AP) — The U.S. Treasury is projecting that it will need to borrow $617 billion in the final three months of 2020 as the government boosts the sale of Treasury securities to cover record budget deficits.
One Good Thing: Woman's mission is to honor COVID-19 victims
ST. LOUIS (AP) — It broke Jessica Murray’s heart that so many people in the St. Louis area were dying from the coronavirus and that they were being remembered less for who they were than as statistics of the pandem…
Shanghai stock exchange suspends Ant Group listing, dashing its dual-listing ambitions days before record-breaking IPO
HONG KONG (AP) — Shanghai stock exchange suspends Ant Group listing, dashing its dual-listing ambitions days before record-breaking IPO.
Man guilty in scheme to ship military boats to China
JACKSONVILLE, Fla. (AP) — A Chinese man has been convicted in Florida in a scheme to buy and ship inflatable military boats from the United States to China.
Restaurant chains hit by virus file for bankruptcy
The coronavirus pandemic was the final blow for many restaurant chains, which were already struggling with growth in third-party delivery and consumers’ migration away from shopping malls. On Sunday, Friendly’s — a…
Market debut of Chinese e-finance giant Ant Group postponed
HONG KONG (AP) — The planned stock market debut of the world's biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.5 billion initial public…
Pennsylvania emerges as online misinformation hot spot
A single voting machine jammed for just minutes Tuesday morning at a precinct in Joe Biden’s hometown of Scranton, Pennsylvania -- but misleading posts on Facebook and Twitter claimed multiple machines there were d…
UK to roll out rapid COVID-19 testing in Liverpool
LONDON (AP) — A half-million people in the English city of Liverpool will be regularly tested for COVID-19 in Britain's first citywide trial of widespread, rapid testing that the government hopes will be a new weap…
US futures, world markets rise as investors eye US election
U.S. futures rose and Asia markets were mostly higher on Wednesday as investors took an optimistic stance on the still undecided U.S. presidential election.
Aramco earnings up in Q3, but still far less than last year
DUBAI, United Arab Emirates (AP) — Saudi Arabia's oil and gas giant Aramco announced Tuesday third quarter profits of nearly $12 billion, a significantly higher net income from its dramatically lower second quarter…
EU considering further legal action in Brexit standoff
BRUSSELS (AP) — The European Union is considering stepping up its legal action against Britain over legislation that would breach parts of the legally binding Brexit agreement that the EU and the British government…
Luxury vehicles, recovering auto markets boost BMW profits
FRANKFURT, Germany (AP) — German automaker BMW said third-quarter net profit rose 17% to 1.81 billion euros ($2.22 billion) as regional auto markets recovered and highly profitable luxury models such as the 8 Serie…