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…
McDonald's hires diversity chief amid corporate turmoil
McDonald’s is hiring a new chief diversity officer as it struggles with charges of harassment and racism at all levels of the company.
Supreme Court allows antitrust suit against NFL to proceed
WASHINGTON (AP) — The Supreme Court said Monday an antitrust challenge can go forward to the way the National Football League sells the rights to telecasts of pro football games.
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…
Asia Today: Cambodia reopens schools after virus shutdown
PHNOM PENH, Cambodia (AP) — Schools in Cambodia opened on Monday for the first time since March, but class sizes and hours were limited as a coronavirus precaution.
Thousands continue protests against Indonesia’s new jobs law
JAKARTA, Indonesia (AP) — Thousands of workers in Indonesia on Monday continued their protests against the country’s new jobs law that critics say will erode labor rights and weaken environmental protections.
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…
The Latest: Mexico mourns doctors on Day of the Dead
MEXICO CITY —- Diminutive figures skeletons in facemasks and medical caps are all too common on Mexico’s Day of the Dead altars this year.
Zambia's risk of default highlights Africa's debt crisis
KAMPALA, Uganda (AP) — Facing financial difficulties aggravated by the coronavirus pandemic, the southern African nation of Zambia appears headed for a default on debt owed to private investors.
Mexico's Interjet suspends flights, citing pandemic woes
MEXICO CITY (AP) — Troubled Mexican airline Interjet cancelled its flights for at least two days, citing cash flow problems and fleet maintenance, but promised operations would resume Tuesday.
Insider Q&A: Why US economy needs more aid from Washington
WASHINGTON (AP) — The U.S. economy is expected to rebound from a disastrous spring. Paralyzed by the coronavirus, economic output collapsed at a 31.4% annual pace from April through June — the worst such plunge on …
Germany launches 4-week partial shutdown to curb virus
BERLIN (AP) — A four-week partial shutdown has started in Germany, with restaurants, bars, theaters, cinemas and other leisure facilities closing down until the end of the month in a drive to flatten a rapid rise i…
US construction spending up again, rises 0.3% in September
SILVER SPRING, Md. (AP) — U.S. construction spending rose 0.3% in September, the fourth straight monthly gain after a coronavirus-caused spring swoon, although a smaller gain than analysts had expected.
Google ad costs, not its alleged monopoly, irks businesses
NEW YORK (AP) — When asked about Google, Bryan Clayton voices a familiar lament among small business owners.
Australian central bank cuts key interest rate to 0.1%
CANBERRA, Australia (AP) — Australia’s central bank on Tuesday cut its benchmark interest rate by 0.15 of a percentage point to a record low 0.10% in a bid to lift the economy from a pandemic-induced recession.