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…
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'…
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…
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.
FDA approves first COVID-19 drug: antiviral remdesivir
U.S. regulators on Thursday approved the first drug to treat COVID-19: remdesivir, an antiviral medicine given to hospitalized patients through an IV.
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…
Bloated public salaries at heart of Iraq's economic woes
BAGHDAD (AP) — Long-time Iraqi civil servant Qusay Abdul-Amma panicked when his monthly salary was delayed. Days of waiting turned to weeks. He defaulted on rent and other bills.
China hopes for change if Biden wins, but little likely
BEIJING (AP) — Chinese leaders hope Washington will tone down conflicts over trade, technology and security if Joe Biden wins the Nov. 3 presidential election. But any shift is likely to be in style, not substance,…
China vows retaliation if US proceeds with Taiwan arms sale
BEIJING (AP) — China has vowed to retaliate if the U.S. proceeds with the sale of advanced weaponry to Taiwan worth more than a billion dollars.
Officials: 'Minimal' risk Venezuela oil tanker will sink
CARACAS, Venezuela (AP) — A damaged Venezuelan oil tanker recently tilting to one side in the Caribbean after taking on water poses no significant risk of spilling and causing an environmental catastrophe, official…