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…
Italy closes gyms, shuts eateries early to fight COVID-19
ROME (AP) — Italy's leader imposed at least a month of new restrictions across the country Sunday to fight rising coronavirus infections, shutting down gyms, pools and movie theaters, putting an early curfew on caf…
Virus is pummeling Europe's eateries — and winter is coming
HEIKRUIS, Belgium (AP) — As the Friday night dinner service began earlier this month at the De Viering restaurant outside Brussels, it seemed the owners' decision to move the operation into the spacious village chu…
US stocks shake off a wobbly start and end mostly higher
U.S. stock indexes closed mostly higher Friday, though the S&P 500 posted its first weekly loss in four weeks.
The Latest: UN chief urges G20 to unite on coronavirus fight
UNITED NATIONS — The U.N. chief says it’s “very frustrating” that leaders of the 20 major industrialized nations didn’t come together in March and establish a coordinated response to grapple with the coronavirus in…
Asian shares, US futures gain after last Trump-Biden debate
Shares were mostly higher in Asia on Friday after President Donald Trump and his challenger former Vice President Joe Biden faced off in their second and final debate before the Nov. 3 election.
Greece: Insolvency overhaul during pandemic triggers spat
ATHENS, Greece (AP) — The Greek government's opposition is trying to block new insolvency legislation that it argues would leave vulnerable mortgage holders more exposed to repossession during the pandemic.
Tesla 'full self-driving' vehicles can't drive themselves
DETROIT (AP) — Earlier this week, Tesla sent out its “full self-driving” software to a small group of owners who will test it on public roads. But buried on its website is a disclaimer that the $8,000 system doesn'…
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.
Facebook, Twitter CEOs ordered to testify by GOP senators
WASHINGTON (AP) — The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of ce…
Asia Today: Melbourne holds off on easing amid new outbreak
MELBOURNE, Australia (AP) — A COVID-19 outbreak in the north of Melbourne has led health authorities in Australia's Victoria state to hold off on any further easing of restrictions in the beleaguered city.
Automaker Daimler rebounds after lockdowns, raises outlook
FRANKFURT, Germany (AP) — Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, saw third-quarter profit rebound as the company clamped down on costs and auto sales recovered after the coronaviru…
Earnings scheduled for the week of 10/26/2020
Major companies tentatively scheduled to post quarterly earnings next week:
Dutch hospital airlifts patients to Germany amid virus surge
ALMERE, Netherlands (AP) — A bright yellow helicopter rose into a blue sky Friday carrying a COVID-19 patient from the Netherlands to a German intensive care unit, the first such international airlift since the pan…
The Latest: Mexico's Chihuahua border state back in lockdown
MEXICO CITY — Mexico’s northern border state of Chihuahua returned to the highest level of alert and lockdown Friday after coronavirus cases jumped there and hospitals began to fill up.
Trial of Russian in alleged bitcoin fraud to wrap in Paris
PARIS (AP) — French prosecutors requested on Friday a 10-year jail term and a fine of 750,000 euros ($888,634) against Alexander Vinnik, who is accused of being behind a 135 million-euro ($160 million) fraud campai…