Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Port of Moses Lake to build electrical generation, transmission lines
MOSES LAKE — The Port of Moses Lake will start construction of electrical transmission lines between port property…
US home construction up 1.9% in September to 1.4 million
WASHINGTON (AP) — U.S. home construction rose a solid 1.9% in September after having fallen in the previous month, as home building continues as one of the bright spots of the economy.
Chinese drugmaker setting up vaccine production lines
BEIJING (AP) — A state-owned Chinese drugmaker is setting up production lines to supply 1 billion doses of two possible coronavirus vaccines that are being tested on 50,000 people in 10 countries, the company chair…
Finland's national carrier cuts over 10% of workforce
HELSINKI, Finland (AP) — Finland's national carrier said Tuesday it will cut 700 jobs - over 10% of its workforce - by the end of March next year due to the impact of the COVID-19 pandemic on global travel.
EU takes action against Malta, Cyprus for 'golden passports'
BRUSSELS (AP) — The European Commission launched infringements procedures Tuesday against Cyprus and Malta over their “golden passport” programs, in which wealthy people can acquire EU citizenship in exchange for a…
Indonesians take to the streets to protest new labor law
JAKARTA, Indonesia (AP) — Protests against Indonesia's new jobs law were held in cities across the country on Tuesday, with demonstrators calling on the president to revoke the legislation they say will erode labor…
NATO to set up new space center amid China, Russia concerns
KESTER, Belgium (AP) — To a few of the locals, the top-secret, fenced-off installation on the hill is known as “the radar station.” Some folks claim to have seen mysterious Russians in the area. Over the years, rum…
German businessman charged over exports to Russian military
BERLIN (AP) — A German businessman and an alleged accomplice have been charged over the delivery of machinery to a company linked to the Russian military in violation of European Union sanctions, German prosecutors…
Fortunes of China's internet tycoons soar amid pandemic
BEIJING (AP) — Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China’s richest tycoon this year as surging demand for online shopping and other services during the coronavirus pandemic swelled…
AMC, BioSpecifics rise; American Equity, Host Hotels fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
UK, EU inch toward more Brexit talks but hurdles remain
LONDON (AP) — Britain and the European Union edged toward resuming their troubled trade talks on Monday, after the bloc's chief negotiator said he was ready to “intensify” negotiations on the legal text of an agree…
Millions more virus rapid tests, but are results reported?
WASHINGTON (AP) — After struggling to ramp up coronavirus testing, the U.S. can now screen several million people daily, thanks to a growing supply of rapid tests. But the boom comes with a new challenge: keeping t…
Asia Today: South Korea tests at hospitals, nursing homes
SEOUL, South Korea (AP) — South Korea on Monday began testing tens of thousands of employees of hospitals and nursing homes to prevent COVID-19 outbreaks at live-in facilities.
Trial of Russian charged in bitcoin fraud begins in Paris
PARIS (AP) — The trial of a Russian man alleged to have used ransomware in a 135 million euros ($157 million) bitcoin fraud will begin Monday.
Czech hospital bed maker rushes to meet government order
SLANY, Czech Republic (AP) — Some orders are impossible for manufacturers to turn down. A Czech maker of hospital beds received one this month.
The Latest: S. Korea increases hospital, nursing home tests
SEOUL, South Korea — South Korea has reported 76 new cases of the coronavirus as officials begin testing tens of thousands of employees at hospitals and nursing homes to prevent transmissions at live-in facilities.