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…
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.
Bank robber flees with $500,000 in ex-Soviet Georgia
TBILISI, Georgia (AP) — Police in the ex-Soviet republic of Georgia were looking Thursday for a bank robber who held over 40 people hostage for hours before releasing them and escaping with $500,000 given to him by…
Stocks drift on Wall Street amid not-so-bad profit reports
NEW YORK (AP) — U.S. stocks are drifting on Thursday as more big companies report profits for the summer that were better than Wall Street feared.
September existing home sales climb 9.5%, highest since '06
CHARLOTTE, N.C. (AP) — Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market remains red hot despite the coronavirus pandemic…
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.
The Latest: NATO, EU health workers to help Czech Republic
PRAGUE — The Czech government has approved a plan for up to 300 military health personnel from NATO and EU countries to come to the Czech Republic to help treat the influx of coronavirus patients.
Wall Street opens slightly higher, driven by solid earnings
NEW YORK (AP) — Stocks are opening modestly higher on Wall Street as investors found some things to like in the latest batch of company earnings reports. The S&P 500 was up 0.2% in the early going Thursday. The ben…
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.
Union Pacific 3Q profit drops 12% but volume surges
OMAHA, Neb. (AP) — Union Pacific's third-quarter profit declined 12%, but the volume of shipments it handled surged as the economy rebounded from the worst of the virus-related shutdowns earlier this year.
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.
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…
American, Southwest add to parade of airline losses in 3Q
DALLAS (AP) — Airlines are piling up billions of dollars in losses as the pandemic causes a massive drop in air travel.
American, Southwest join rivals in reporting big 3Q losses
DALLAS (AP) — Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel.
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.