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…
Japan picks Mitsubishi Heavy to develop own stealth fighter
TOKYO (AP) — Japan has picked Mitsubishi Heavy Industries as a main contractor to develop the country's own next generation stealth fighter for launch in the 2030s, the defense minister said Friday.
Report: Fugitive tech boss was Austrian spy agency informant
BERLIN (AP) — German media report that a fugitive former top executive of payment company Wirecard was an informant for the Austrian spy agency BVT.
The Latest: India's downward trend in new cases continues
NEW DELHI — India has reported 48,648 new coronavirus cases, continuing a downward trend in infections even as the country’s caseload has crossed 8 million and is only behind the U.S.
US long-term mortgage rates flat this week; 30-year at 2.81%
WASHINGTON (AP) — U.S. long-term mortgage rates were little changed this week after marking a new all-time low last week.
China's leaders vow to become self-reliant technology power
BEIJING (AP) — China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s ind…
JetBlue is the latest airline to retreat from blocking seats
The days of airlines blocking seats to make passengers feel safer about flying during the pandemic are coming closer to an end.
Pending home sales cool in September, down 2.2%
CHARLOTTE, N.C. (AP) — The pending sales of existing homes fell 2.2% in September, the National Association of Realtors said Thursday, the first monthly contraction of that figure in four months.
Train derails in southeast Texas, forcing evacuations
MAURICEVILLE, Texas (AP) — A freight train derailed Thursday in southeast Texas, prompting authorities to urge nearby residents to evacuate their homes as hazmat crews assessed the damage, the Orange County sheriff…
Surge in virus threatens to reverse global economic rebounds
WASHINGTON (AP) — The resurgence of coronavirus cases engulfing the United States and Europe is imperiling economic recoveries on both sides of the Atlantic as millions of individuals and businesses face the prospe…
Pelosi, Trump administration trade blame over virus aid
WASHINGTON (AP) — The major players in Washington's COVID-19 relief blame game lobbed familiar volleys on Thursday, marking time in the days before an election that promises to change the landscape for talks that h…
S. Korea's top court upholds ex-leader's 17-year jail term
SEOUL, South Korea (AP) — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soo…
Exxon to cut 1,900 US jobs as oil industry struggles
NEW YORK (AP) — Exxon Mobil is slashing 1,900 jobs from its U.S. workforce as the pandemic saps demand for fuel.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for December delivery fell $1.22 to $36.17 a barrel Thursday. Brent crude oil for December delivery fell $1.47 to $37.65 a barrel.
EU digital boss: New rules to curb big tech aim for fairness
LONDON (AP) — The European Union is set to propose new laws to rein in the power of big tech companies, including measures to ensure customers are protected, smaller rivals are treated fairly, and illegal content i…
Harris target of more misinformation than Pence, data shows
CHICAGO (AP) — Long before Democratic presidential nominee Joe Biden announced her as his running mate, Kamala Harris was the target of widespread online misinformation.