Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Grant, Douglas and Chelan PUDs consider collaboration on geothermal energy
WENATCHEE — Three Central Washington public utility districts are exploring whether geothermal energy could become…
How major US stock indexes fared Friday
Losses in big technology companies drove more losses on Wall Street Friday, as the S&P 500 closed out October with its first back-to-back monthly decline since March.
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.
Tech losses drive Wall Street down again, ending grim week
Wall Street closed out another punishing week Friday with the S&P 500 posting its first back-to-back monthly loss since the pandemic first gripped the economy in March.
The Latest: Ga Gov. Kemp in quarantine after virus exposure
ATLANTA — Georgia Gov. Brian Kemp and his wife have gone into quarantine after being exposed to someone who tested positive for the coronavirus.
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…
McDonald's cult classic, the McRib, is coming back
NEW YORK (AP) — McRib, the fast food sandwich that went viral before viral was a thing, is back.
The Latest: Virus antibody drug paused for safety issue
TARRYTOWN, N.Y. -- A study testing an experimental antibody drug for the coronavirus has been paused to investigate a possible safety issue.
Losses mount for oil companies as pandemic grips economy
NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity.
Lithuania upset over soon-to-open Belarus nuke plant
VILNIUS, Lithuania (AP) — The Baltic nation of Lithuania sent a protest note Tuesday to Belarus over a planned nuclear power plant close to their border that is scheduled to start operating in early November.
2nd study testing a COVID-19 antibody drug has a setback
For the second time, a study testing an experimental antibody drug for COVID-19 has been paused to investigate a possible safety issue in hospitalized patients.
The Latest: Britain's daily average cases nearly 52,000
LONDON — A weekly survey by Britain’s statistics agency shows an average of nearly 52,000 daily coronavirus cases, an increase of nearly 50% in the most recent week.
Federal Reserve expands Main Street program to smaller firms
WASHINGTON (AP) — The Federal Reserve will reduce the minimum loan level in its small business lending program and waive some fees to try to boost participation in a program that has so far provided little assistan…
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…
Mexico's economy grows in 3Q, but still well below last year
MEXICO CITY (AP) — Mexico’s estimated gross domestic product in the third quarter of the year was 8.6% below that for the same July to September period the previous year, but showed signs of improvement, the countr…
Weakness in Apple and other tech giants pulls stocks lower
NEW YORK (AP) — Weakness in several Big Tech companies including Apple and Facebook sent stock prices somewhat lower in early trading on Wall Street Friday, keeping the S&P 500 on track for its second weekly loss i…