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…
Toyota adds 1.5M vehicles to US recall 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 2.5%, Dow down 700
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.
The Latest: US to buy initial antibody doses from Eli Lilly
WASHINGTON -- The U.S. government has agreed to buy initial doses of an experimental COVID-19 antibody drug from Eli Lilly that patients could receive if federal regulators allow it on an emergency basis.
Mississippi city may be left in dark over unpaid power bill
ITTA BENA, Miss. (AP) — A decade ago, the sole grocery store in the city of Itta Bena shuttered. The last bank left a few years later, followed by the pharmacy — lifelines for a small, rural community.
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.