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…
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…
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.
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.”
AP Explains: Why are UK and EU still arguing over Brexit?
LONDON (AP) — It’s more than four years since Britain voted to leave the European Union, and almost a year since Prime Minister Boris Johnson won an election by vowing to “get Brexit done.”
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.
As Trump casts doubt on election, new agency contradicts him
WASHINGTON (AP) — Earlier this month, President Donald Trump was predicting on Twitter that this election would be “the most corrupt” in American history. A day later, the head of an obscure government agency he cr…
Japan, Britain sign free trade deal for post-Brexit era
TOKYO (AP) — Japan and Britain signed a free trade agreement on Friday, the the first such major post-Brexit deal, reducing tariffs on goods like Yorkshire lamb sold in Japan as well as auto parts for Japan’s Nissa…
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.
How major US stock indexes fared Friday
Stocks shrugged off a sluggish start and ended mostly higher on Wall Street Friday.
Veggie burgers are still burgers, EU lawmakers rule
BRUSSELS (AP) — Plant-based products that do not contain meat can continue to be labeled “sausages” or “burgers,” European lawmakers said Friday, when they rejected a proposal back by the meat industry to ban the t…
US: Russian hackers targeting state, local networks
WASHINGTON (AP) — U.S. officials said Thursday that Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, stealing data from at least two servers. …
US long-term mortgage rates hit new low; 30-year at 2.80%
WASHINGTON (AP) — U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year.
California court says Uber, Lyft drivers are employees
SAN FRANCISCO (AP) — A California appeals court on Thursday upheld an order requiring Uber and Lyft to treat their California drivers as employees instead of independent contractors, less than two weeks before vote…
Asia Today: Vaccine promise is election issue in India state
NEW DELHI (AP) — A promise of free COVID-19 vaccination has become an issue in key state elections in India.