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…
German disease control center urges vigilance as virus rises
BERLIN (AP) — The head of Germany's disease control center urged people Thursday to be vigilant about following coronavirus precautions as the country posted a record number of new cases, saying a rapid increase in…
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…
Coca-Cola recovery continues as it grows leaner in pandemic
Coca-Cola measured gradual improvement in the third quarter as it focused on emerging leaner from the global pandemic.
American, Southwest, Alaska add to airline loss parade in 3Q
DALLAS (AP) — Airlines are piling up billions of dollars in additional losses as the pandemic chokes off air travel, but a recent uptick in passengers, however modest, has provided some hope.
UK boosts business aid amid pressure to ease virus impact
LONDON (AP) — U.K. Treasury chief Rishi Sunak is increasing subsidies for bars, pubs and restaurants hammered by strict new measures to slow the spread of COVID-19, amid criticism that the government has failed to …
US jobless claims drop to 787,000, but layoffs remain high
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
EU slaps sanctions on 2 Russians over Germany cyberattack
BRUSSELS (AP) — The European Union on Thursday imposed sanctions on two Russian officials and part of Russia’s GRU military intelligence agency over a cyberattack against the German parliament in 2015.
China criticizes US media controls as 'political oppression'
BEIJING (AP) — China’s government on Thursday demanded Washington stop “political oppression” of Chinese media after more were ordered to register as foreign missions but gave no indication how Beijing might retali…
Self-driving shuttle debuts in high-traffic Virginia spot
MERRIFIELD, Va. (AP) — The future of transportation arrived in northern Virginia, looking like a big blue toaster on wheels that seats six and drives itself through the region’s notorious traffic.
Discover, Align rise; Kimberly-Clark, Union Pacific fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday:
FDA approves remdesivir, the first drug for treating COVID-19.
WASHINGTON (AP) — FDA approves remdesivir, the first drug for treating COVID-19.
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…
US NATO allies still short on defense spending aims
BRUSSELS (AP) — U.S. allies in Europe and Canada have increased defense spending for a sixth consecutive year but most of them will still fail to achieve a NATO spending ambition by the target date of 2024, accordi…
US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy
WASHINGTON (AP) — US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy.
New Huawei phone comes at crucial time for Chinese company
LONDON (AP) — Huawei’s new smartphone has an upgraded camera, its latest advanced chipset and a better battery. What it may not have outside the Chinese tech giant’s home market is very many buyers.