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…
McConnell warns White House against COVID relief deal
WASHINGTON (AP) — Washington negotiations on a huge COVID-19 relief bill took a modest step forward on Tuesday, though time is running out and Senate Majority Leader Mitch McConnell, President Donald Trump's most p…
The Latest: Australia reports rare case of reinfection
MELBOURNE, Australia — Australian authorities say they're treating a COVID-19 case in the city of Melbourne as a rare reinfection.
The Latest: Calif. school fined for defying pandemic order
SAN FRANCISCO — A California private school has been ordered to pay $15,000 for defying a judge’s order to close classrooms and stop in-person teaching.
Buffett's firm to pay $4.1M fine for subsidiary's Iran sales
OMAHA, Neb. (AP) — Warren Buffett's company has agreed to pay a $4.1 million fine because one of its subsidiaries improperly sold equipment that was destined for Iran in violation of U.S. sanctions.
California will allow fans at pro sports but not Disneyland
SACRAMENTO, Calif. (AP) — California will let fans back in outdoor stadiums for pro sporting events in counties with low coronavirus infection rates but isn’t ready to allow Disneyland and other major theme parks t…
DC debuts smartphone-based COVID-19 exposure alert system
WASHINGTON (AP) — The nation’s capital has become one of the first jurisdictions in the country to employ a new COVID-19 notification system, a joint Google-Apple venture that delivers alerts to people’s phones, no…
Study: COVID speeds up human vs machine standoff over work
GENEVA (AP) — As automation and online work gain ground, organizers of the annual Davos forum are projecting employers will split work equally between machines and people by 2025, with the coronavirus pandemic acce…
How major US stock indexes fared Tuesday
Stocks closed higher on Wall Street Tuesday following several solid earnings reports from U.S. companies.
Trump environmental rollback spurs mining near Okefenokee
SAVANNAH, Ga. (AP) — A mining company said Tuesday that it plans to dig for minerals without a federal permit at the edge of the vast wildlife refuge in the Okefenokee Swamp, a big step for a once-embattled project…
Stocks close higher as companies report solid earnings
Stocks closed broadly higher Tuesday as Wall Street welcomed a batch of solid earnings reports from U.S. companies.
Logitech, Albertsons rise; IBM, Hexcel fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Older workers face higher unemployment amid virus pandemic
For the first time in nearly 50 years, older workers face higher unemployment than their midcareer counterparts, according to a study released Tuesday by the New School university in New York City.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose 63 cents to $41.46 a barrel Tuesday. Brent crude oil for December delivery rose 54 cents to $43.16 a barrel.
Window opens for Virgin Galactic's final round of testing
ALBUQUERQUE, N.M. (AP) — The window for the final round of testing of Virgin Galactic’s rocket-powered spacecraft opens later this week as the company inches toward commercial flights.
McConnell says any Pelosi-Mnuchin deal would get Senate vote
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell said Tuesday that he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bi…