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…
German unemployment drops unexpectedly in October
BERLIN (AP) — Unemployment in Germany fell unexpectedly in October, according to statistics released Thursday, suggesting that Europe's largest economy was beginning to shake off the negative impact of the coronavi…
Airbus reports new pandemic losses, but stops bleeding cash
PARIS (AP) — Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.16 billion) in pandemic-related losses for the th…
Marvell snags Inphi in yet another semiconductor tie-up
SANTA CLARA, Calif. (AP) — The pace of consolidation in the semiconductor industry continues to accelerate with Marvell Technology saying Thursday that it will pay $10.63 billion for Inphi in a cash-and-stock deal.
Trump's diversity training order faces lawsuit
New York (AP) — Three civil rights groups filed a lawsuit Thursday challenging President Donald Trump's executive order that prohibits federal agencies, contractors and grant recipients from offering certain divers…
Ford, Pinterest rise; eBay, Marvell Technology fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday:
Tiffany agrees to revised terms on LVMH takeover deal
NEW YORK (AP) — The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from from LVMH in Paris.
Nokia profit up, new CEO pledges to boost 5G investments
HELSINKI (AP) — Finnish telecommunications company Nokia on Thursday reported improved third-quarter earnings largely in line with expectations, but acknowledged it faced challenges in the race for 5G cellular netw…
Asia Today: Japan crosses 100,000 cases, 9 months after 1st
TOKYO (AP) — Japan’s coronavirus cases have topped 100,000, nine months after the first case was found in mid-January, the health ministry said Friday.
2 Ohio political operatives plead guilty in bribery probe
COLUMBUS, Ohio (AP) — Two Ohio political operatives pleaded guilty Thursday to charges that they conspired as part of what another defendant called an “unholy alliance” aimed at
West Virginia voters laud Trump for trying to save coal
DANVILLE, W.Va. (AP) — As a laid off coal mine electrician, Nolan Triplett doesn't think his industry will ever return to the heady days when it powered America and offered generations of Appalachians a chance at a…
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.
Wall Street soared under Trump, but it's been a rocky ride
NEW YORK (AP) — The last four years have been good for stocks, with the S&P 500 climbing more than 50% and many 401(k) balances looking healthier, as President Donald Trump likes to point out so often.
U.S. OKs extradition of 2 nabbed in ex-Nissan boss' escape
BOSTON (AP) — The U.S. State Department has agreed to turn over to Japan two American men accused of smuggling former Nissan Motor Co. Chairman Carlos Ghosn out of the country while he was awaiting trial, the men's…
Wall Street ends higher after shaking off a wobbly start
U.S. stocks shook off an early slide and closed broadly higher Thursday as the market steadied after its worst drop in more than four months.
Jobless claims fall to 751,000, but new infections a threat
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers…