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…
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.
Russian oil tanker suffers explosion, 3 crew members missing
MOSCOW (AP) — A Russian oil tanker was hit by an explosion in the Sea of Azov and a rescue operation was underway Saturday for three missing crew members, officials said.
NATO chief says Greece, Turkey agree to cancel war games
BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg said Friday that Greece and Turkey are going to cancel war games scheduled for next week on each other’s national holidays, in a further sign of easing of ten…
Asia Today: Sri Lanka closes harbors after 609 test positive
COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka on Saturday closed at least two fishery harbors and many stalls after a surge of 609 cases linked to the country's main fish market.
Facebook demands academics disable ad-targeting data tool
BOSTON (AP) — Academics, journalists and First Amendment lawyers are rallying behind New York University researchers in a showdown with Facebook over its demand that they halt the collection of data showing who is …
Biden's warning on oil tests voter resolve on climate change
OKLAHOMA CITY (AP) — Joe Biden is confronting the harsh political realities of combating climate change.
Huawei sales up, but growth slows under virus, US pressure
BEIJING (AP) — Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the fac…
PG&E may cut power to over 1 million people in California
SAN FRANCISCO (AP) — Pacific Gas & Electric may cut power to over 1 million people on Sunday to prevent the chance of sparking wildfires as extreme fire weather returns to the region, the utility announced Friday.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for December delivery fell 79 cents to $39.85 a barrel Friday. Brent crude oil for December delivery fell 69 cents to $41.77 a barrel.
Lee Kun-Hee, force behind Samsung’s rise, dies at 78
SEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics but whose leadership was also marred by corrupti…
AmEx profits plunge as travel spending comes to a standstill
CHARLOTTE, N.C. (AP) — American Express' fourth-quarter profits dropped by 39%, the credit card giant said Friday, as the pandemic's deep impacts on travel, entertainment and dining dramatically impacted the compan…
Spain PM appeals for public unity, sacrifice in virus fight
MADRID (AP) — Prime Minster Pedro Sánchez appealed Friday for Spaniards to pull together and defeat the new coronavirus, warning: “The situation is serious.”
AstraZeneca, J&J resuming US tests of COVID-19 vaccines
Two drugmakers announced Friday the resumption of U.S. testing of their COVID-19 vaccine candidates.
Global money laundering monitor says COVID fraud on the rise
PARIS (AP) — The international organization that monitors protections against money laundering and terrorism financing said Friday that fraud related to coronavirus is on the rise.
1 million could lose power as California winds whip up
SAN FRANCISCO (AP) — Northern California officials urged residents to leave homes in the hills, secure backyard furniture and other loose items and have an evacuation plan ready ahead of powerful winds that could l…