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…
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.
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.
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…
VW recalls Jettas to fix fuel leaks that can cause fires
DETROIT (AP) — Volkswagen is recalling more than 218,000 Jetta sedans in the U.S. to fix a fuel leak problem that can cause fires.
The Latest: Giroir: Cases, hospitalizations, deaths up in US
WASHINGTON — A member of the White House coronavirus task force says the increase in U.S. cases isn’t just because of more testing.
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 …
Norfolk Southern's 3Q profit down 13% as railroad hauls less
OMAHA, Neb. (AP) — Norfolk Southern's third-quarter profit fell more than 13% as the railroad delivered fewer shipments and the results were weighed down by a one-time charge.
Brown trucks everywhere as world shelters, UPS has a big 3Q
ATLANTA (AP) — UPS, whose brown delivery trucks have become omnipresent on neighborhood streets during the pandemic, said profits and revenue surged in its most recent quarter.
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.
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.
Boeing makes deeper job cuts as aircraft business slows
Boeing will cut more jobs as it continues to bleed money and lose revenue during a pandemic that has smothered demand for new airline planes.
Don't skip these steps when borrowing parent student loans
Many parents take out student loans to help pay for their child’s education. But not all of them share that information with their son or daughter. That silence is an easy misstep for parents who decide to borrow s…
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.
With brown trucks everywhere, UPS delivers again in 3Q
ATLANTA (AP) — UPS, whose brown delivery trucks have become omnipresent on neighborhood streets during the pandemic, said profits and revenue surged in its most recent quarter.
The Latest: UN: Over 2 million virus cases in just 1 week
LONDON — The World Health Organization said countries globally reported more than 2 million confirmed coronavirus cases last week — the shortest time ever for such an exponential increase since the pandemic began.