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…
Chinese promise market opening amid technology push
BEIJING (AP) — China will promote “technological self-reliance” under the ruling Communist Party’s latest five-year plan but will open further to trade, officials said Friday.
Parisians flee, sidewalks empty as France enters lockdown
PARIS (AP) — Parisians fleeing for the countryside jammed the roads ahead of France's lockdown to slow the spread of resurgent coronavirus infections, and there was only a sprinkling of people hurrying along city s…
Ohio utility at center of $60 million bribery case fires CEO
TOLEDO, Ohio (AP) — A power company under investigation for its role in an alleged $60 million bribery scheme involving one of Ohio’s most powerful politicians fired its chief executive following an internal review.
Don't skip these steps when borrowing parent student loans
In more than one-third of U.S. families, parents decide how to pay for college, according to a July 2020 report from private lender Sallie Mae.
GM hires new chief financial officer from Delta Airlines
DETROIT (AP) — General Motors has hired away Delta Airlines' CFO to fill the automaker's top financial job.
Puerto Rico debt restructuring hits snag in public clash
SAN JUAN, Puerto Rico (AP) — A plan to pull Puerto Rico out of a type of bankruptcy by 2021 hit a major obstacle Friday when a new member that U.S. President Donald Trump appointed to a federal control board overse…
US agency sets rules for cruise ships to start sailing again
NEW YORK (AP) — Federal health officials on Friday issued new rules that will enable large cruise ships to start sailing again in U.S. waters, though not immediately.
Global travel and tourism projected to shed 174 million jobs
LONDON (AP) — The global travel and tourism industry is on course to lose 174 million jobs this year if current restrictions to curb the spread of the coronavirus remain in place, a leading industry group warned Fr…
2 more ex-eBay employees admit to roles in harassment scheme
BOSTON (AP) — Two more former eBay Inc. employees have admitted to their roles in a campaign to terrorize a Massachusetts couple with threatening social media messages and disturbing deliveries of things like live …
Germany shuts down Telegram-based drugs marketplaces
BERLIN (AP) — German authorities said Friday that they have shut down online marketplaces for illegal drugs that used the encrypted messaging service Telegram.
Business Highlights
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US consumer spending rose a moderate 1.4% in September
WASHINGTON (AP) — U.S. consumers increased their spending by 1.4% in September, a modest gain but far less than the big increases of late spring, adding to concerns that Americans remain cautious with the viral pan…
Pandemic reinvents holiday hiring for retailers
NEW YORK (AP) — Wanted this holiday shopping season: Cart sanitizers, curbside delivery workers and mask enforcers.
Dutch government halts KLM bailout amid standoff over terms
THE HAGUE, Netherlands (AP) — The government of the Netherlands will halt its multibillion euro coronavirus bailout to national carrier KLM amid a standoff with a pilot's union about terms of the rescue package, th…
US consumer spending rose a slight 1.4% last month as Americans remain wary with pandemic still slowing economy
WASHINGTON (AP) — US consumer spending rose a slight 1.4% last month as Americans remain wary with pandemic still slowing economy.