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…
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.
FBI, federal agencies say major ransomware assault threatens US healthcare system
WASHINGTON (AP) — FBI, federal agencies say major ransomware assault threatens US healthcare system.
Microsoft says Iranian hackers targeted conference attendees
REDMOND, Wash. (AP) — Microsoft says Iranian hackers have posed as conference organizers in Germany and Saudi Arabia in an attempt to break into the email accounts of “high-profile” people with spoofed invitations.
Australia's pandemic travel ban brings family heartbreak
CANBERRA, Australia (AP) — Astrid Magenau wasn’t able to keep a promise to hold her father’s hand at his deathbed in Germany because of Australia’s extraordinary pandemic restrictions that make her feel like a pris…
Report: Pilot in Hawaii plane crash had risk-taking history
HONOLULU (AP) — The pilot of a plane that crashed and killed all 11 on board had a history of taking unnecessary risks and pushing the limits of his skills to give passengers an exciting ride, witnesses told federa…
Ship captain arrested after collision with Greek warship
ATHENS, Greece (AP) — Greek authorities on Wednesday arrested the captain of a Portuguese-flagged cargo ship that collided with a Greek navy minehunter outside the country’s main port of Piraeus.