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…
FBI warns ransomware assault threatens US health care system
BOSTON (AP) — Federal agencies warned that cybercriminals could
How major US stock indexes fared Wednesday
The S&P 500 had its worst day since June and the Dow Jones Industrial Average sank more than 900 points Wednesday as surging coronavirus cases in the U.S. and Europe threatened more pain for the economy.
S. Korea's top court upholds 17-year jail term on ex-leader
SEOUL, South Korea (AP) — South Korea’s top court upheld a 17-year sentence imposed on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison.
Italian regulator investigates Google over digital ads
ROME (AP) — Italian regulators opened an investigation Wednesday into Google over alleged abuse of its dominant role in the country's online ad market, adding to the global scrutiny that the Silicon Valley company …
Pompeo says AES of US, PetroVietnam to sign $2.8B LNG deal
HANOI (AP) — The U.S. energy firm AES and PetroVietnam plan to soon sign an agreement on a $2.8 billion liquefied natural gas project, U.S. Secretary of State Mike Pompeo said Wednesday.
Ford posts better-than-expected 3Q profit as sales recover
DETROIT (AP) — Ford Motor Co. posted a stronger-than-expected third-quarter net profit as demand for cars and trucks recovered from coronavirus shutdowns and the company sold more high-margin trucks.
Germany, France look to more limits to curb rebounding virus
BERLIN (AP) — German officials agreed to impose a four-week partial lockdown and the French government announced a nationwide lockdown Wednesday as European governments sought to stop a fast-rising tide of coronavi…
Venezuelan president: Key oil refinery attacked; 2 detained
CARACAS, Venezuela (AP) — Venezuelan President Nicolás Maduro said Wednesday that a large oil refinery suffered a “terrorist attack” as his government struggles to provide domestic fuel to the nation amid a histori…
Anthem tops 3Q forecasts as it absorbs big expense hit
INDIANAPOLIS (AP) — Anthem delivered a better-than-expected third quarter even though a jump in benefit expenses and other costs contributed to an 81% drop in the health insurer’s net income.
Asian shares lower, US futures up after S&P 500 sinks 3.5%
Asian shares declined Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June.
Deutsche Bank's return to financial health persists into Q3
FRANKFURT, Germany (AP) — Deutsche Bank reported its third straight quarterly profit amid continuing government financial help for businesses during the coronavirus pandemic and as revenues rose at its investment b…
Tupperware profits soar as pandemic shut-ins store leftovers
SILVER SPRING, Md. (AP) — Tupperware relied on social gatherings for explosive growth in the mid 20th century. In the 21st century, it is social distancing that is fueling sales.
General Electric's 3Q adjusted profit surprises Wall Street
General Electric narrowed its losses in its third quarter as it trimmed expenses and managed to post an adjusted profit that surprised Wall Street.
Feds issue coverage plan for COVID-19 vaccine and treatments
WASHINGTON (AP) — Federal health officials Wednesday issued insurance coverage rules designed to deliver on the promise that every American will have access to free COVID-19 vaccines when they are approved.
Asia Today: Virus arrives in once-clear Marshall Islands
WELLINGTON, New Zealand (AP) — The Marshall Islands has reported its first cases of the coronavirus after two people who flew from Hawaii to a U.S. military base tested positive.