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…
Pfizer tops 3Q earnings views, makes progress on COVID shot
Drugmaker Pfizer, one of the leaders in the race to develop a COVID-19 vaccine, is tweaking its timeline for when it will know if its experimental two-dose vaccine works.
Strong sales of drugs, vaccines, propel Merck in 3Q
Drugmaker Merck, bouncing back from a $1.6 billion hit from the coronavirus pandemic in the second quarter, boosted its third-quarter profit by 55% and blew past Wall Street expectations. The strong result was due …
Asia Today: Thailand: Woman probably infected in quarantine
BANGKOK (AP) — Health officials in Thailand said Tuesday it is likely that a French woman who earlier this month tested positive for the coronavirus became infected when she stayed under quarantine at a hotel near …
AMD buys Xilinx for $35B, creating Silicon Valley chip giant
SAN JOSE, Calif. (AP) — AMD is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers.
Lilly misses profit projects as sales of diabetes drug slow
INDIANAPOLIS (AP) — Eli Lilly and Co. is reporting third-quarter net income of $1.21 billion.
Demand for equipment falls, but Caterpillar has strong 3Q
DEERFIELD, Ill. (AP) — Caterpillar is reporting a third-quarter profit of $668 million and topped most expectations, though demand for its equipment is being driven down by the pandemic.
The Latest: Iran hits record single-day virus death toll
TEHRAN — Iran has again hit a record single-day COVID-19 death toll, reporting 346 new deaths. That brings the country’s total virus deaths to 33,299, the highest virus toll in the Mideast.
Millennial Money: Picking a pandemic side gig takes hustle
Side gig. Side job. Side hustle. It goes by many names and serves many purposes. For some, it’s a way to keep the lights on. For others, it’s an opportunity to save for a goal or follow a passion.
BP reports 3Q earnings plunge amid falling demand
LONDON (AP) — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand.
World shares slip after Wall St's worst day in a month
Shares skidded in Europe and Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month.
Post-Abe agenda: Suga says Japan to go carbon-free by 2050
TOKYO (AP) — Japan will achieve zero carbon emissions by 2050, Prime Minister Yoshihide Suga declared Monday, outlining an ambitious agenda as the country struggles to balance economic and pandemic concerns.
How major US stock indexes fared Monday
Stocks closed sharply lower on Wall Street Monday, handing the S&P 500 its worst day in a month and knocking 650 points off the Dow Jones Industrial Average.
Bulgaria signs 5G deal with US excluding Chinese firms
SOFIA, Bulgaria (AP) — Bulgaria has joined other Balkan countries in signing an agreement with the United States on high-speed wireless network security aimed at excluding Chinese hardware providers.
Coal magnate Robert Murray dies; he long fought regulators
ST. CLAIRSVILLE, Ohio (AP) — Robert Murray, the board chairman of the largest privately owned U.S. coal operator, who long fought federal regulations to reduce black lung disease, died at his home in Ohio less than…
This Week: Consumer confidence, Ford earns, home sales
A look at some of the key business events and economic indicators upcoming this week: