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…
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…
The Latest: South Dakota sees record virus hospitalizations
SIOUX FALLS, S.D. — Hospitalizations from COVID-19 in South Dakota reached new heights for the fourth straight day on Wednesday.
Regulators suspend Missouri nursing home COVID-19 test lab
COLUMBIA, Mo. (AP) — A federal judge refused to intervene Wednesday to keep open a Missouri lab that handled coronavirus tests for about 2,500 nursing homes in 11 states after the federal government suspended the l…
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.
Visa 4Q profits plunge as pandemic slows payments worldwide
CHARLOTTE, N.C. (AP) — Visa Inc. said Wednesday that its fiscal fourth quarter profits dropped 29% due to fewer dollars crossing on its namesake payment network while the world was in the grips of a pandemic-caused…
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.
S&P 500 sinks 3.5% as surging virus cases lead to shutdowns
The Dow Jones Industrial Average sank 943 points Wednesday as surging coronavirus cases forced more shutdown measures in Europe and raised fears of more restrictions in the U.S.
FanDuel to open sports book in Bally's Atlantic City
ATLANTIC CITY, N.J. (AP) — The online sports betting company FanDuel will open an in-person sports book at Bally's casino in Atlantic City once the casino's sale to a Rhode Island company is finalized.
S&P 500 sinks 3.5% as surging virus cases threaten shutdowns
The Dow Jones Industrial Average dropped 943 points Wednesday as surging coronvirus cases in the U.S. and Europe threaten more business shutdowns and pain for the economy. The S&P 500 dropped 3.5%, its third straig…
S&P 500 falls 3.5% and Dow industrials drop more than 900 points as rising virus cases threaten more business shutdowns
NEW YORK (AP) — S&P 500 falls 3.5% and Dow industrials drop more than 900 points as rising virus cases threaten more business shutdowns.
AP Explains: The rule that made the modern internet
OAKLAND, Calif. (AP) — Twenty-six words tucked into a 1996 law overhauling telecommunications have allowed companies like Facebook, Twitter and Google to grow into the giants they are today.
Toyota adds 1.5M US vehicles to recalls for engine stalling
DETROIT (AP) — Toyota is adding 1.5 million U.S. vehicles to recalls from early this year to fix fuel pumps that can fail and cause engines to stall.
Stock rout deepens as S&P 500 drops 3.2%, Dow falls 800
NEW YORK (AP) — Stocks around the world are tumbling Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy.
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…
Social media CEOs get earful on bias, warning of new limits
WASHINGTON (AP) — With next week's election looming, the CEOs of Twitter, Facebook and Google received a hectoring from Republicans at a Senate hearing Wednesday for alleged anti-conservative bias in the companies'…