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…
Crushed by the virus, 2 mall operators file for bankruptcy
NEW YORK (AP) — Two mall operators filed for bankruptcy protection Monday, hurt by the coronavirus pandemic that has forced their tenants to permanently close stores or not pay rent.
The Latest: Sri Lanka postpones school reopening for virus
COLOMBO, Sri Lanka — Authorities in Sri Lanka have extended the school holidays for two more weeks, postponing the opening of classes amid a surge of COVID-19 patients from two clusters in Colombo and the capital’s…
In Peru's Cuzco, pandemic devastates tourism and economy
CUZCO, Peru (AP) — Efraín Valles guided world leaders, pop stars and a princess on exclusive tours through the land of the Incas. He now makes ice cream to survive amid the coronavirus pandemic.
Asian markets follow Wall Street higher ahead of election
BEIJING (AP) — Asian stock markets followed Wall Street higher on Tuesday as investors watched for U.S. election results, hoping a win by challenger Joe Biden in the presidential race might lead to more economic st…
Town built on guns ponders future after Remington plant sale
ILION, N.Y. (AP) — Workers at the sprawling Remington factory in this upstate New York village took pride in a local gunmaking tradition stretching back to the days of flintlock rifles. Now they're looking ahead wi…
Pilots say FAA proposal for Boeing Max training needs work
WASHINGTON (AP) — U.S. pilot unions say the Federal Aviation Administration should improve its proposal for training pilots how to handle a nose-down pitch of the Boeing 737 Max, which was grounded after two deadly…
Germany starts 'wave-breaker' shutdown as Europe locks down
BERLIN (AP) — Several European countries are tightening restrictions this week, starting with a partial shutdown Monday in Germany, as authorities across the continent scramble to slow a rapid rise in coronavirus i…
Ivory Coast opposition vows to form transition government
ABIDJAN, Ivory Coast (AP) — Ivory Coast's major opposition parties vowed Monday to create their own transitional government, insisting that President Alassane Ouattara's mandate to lead the country is now over even…
Camping World, Clorox rise; Norwegian Cruise, Delta fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
Walmart abandons shelf-scanning robots, lets humans do work
NEW YORK (AP) — Walmart is laying off the robots it had deployed in about 500 stores to keep tabs on what’s on and not on the shelves.
This Week: Construction spending, Uber earns, jobs report
A look at some of the key business events and economic indicators upcoming this week:
Asia Today: Australia reports no new local cases
CANBERRA, Australia (AP) — Australia has recorded no new locally transmitted coronavirus infection for the first time in five months.
US manufacturing activity at highest levels in two years
WASHINGTON (AP) — U.S. manufacturing posted a strong gain in October to the highest level in two years even as coronavirus cases have begun to surge again in many parts of the country.
EU faces knotty trade fights with US _ no matter who wins
FRANKFURT, Germany (AP) — After winemakers, cookie bakers, and olive growers wound up as collateral damage, Europe is closely watching the U.S. presidential election, waiting to see whether the next four years will…
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.