Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Credit union shreds sensitive documents, collects for food bank
MOSES LAKE — The Moses Lake branch of Solarity Credit Union held a paper-shredding event Saturday. “We’re encou…
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.
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.
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…
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…
Samsung reports record sales amid questions about future
SEOUL, South Korea (AP) — The flood of obituaries for Samsung Electronics Chairman Lee Kun-Hee since his death over the weekend have mostly shared his most defining quote: “Change everything except for your wife an…
Heathrow loses claim to being Europe's biggest airport
LONDON (AP) — London’s Heathrow Airport says it has lost its place as Europe’s busiest air hub to Charles de Gaulle Airport in Paris after the COVID-19 pandemic grounded flights and Britain failed to approve passen…
Amazon launches Swedish site in 1st leg of Nordic expansion
STOCKHOLM (AP) — Amazon has launched a website in Sweden as the first leg of a long-anticipated expansion into the tech-savvy Nordic region that is expected to have a major long-term impact on brick-and-mortar stor…
General Electric, First Solar rise; Callaway, Carnival fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
FBI, federal agencies say major ransomware assault threatens US healthcare system
WASHINGTON (AP) — FBI, federal agencies say major ransomware assault threatens US healthcare system.
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.
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.
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…