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…
IMF: Nearly all Mideast economies hit by pandemic recession
DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an economic recession this year, yet some rebound is expected as all but two — Lebanon and Oman —…
Minister: Cops failing Indigenous in Canada lobster dispute
HALIFAX, Nova Scotia (AP) — Canada’s Indigenous services minister said Monday that police in Nova Scotia have failed to properly protect Indigenous people embroiled in an ugly dispute over lobster fishing.
Asian shares echo Wall Street fall as virus aid hopes fade
TOKYO (AP) — Asian shares fell moderately Tuesday, echoing Wall Street's decline as hopes faded Washington will come through with badly needed aid for the economy before the U.S. presidential election.
Canada-China spat heats up over ambassador's alleged threat
TORONTO (AP) — The diplomatic spat between Canada and China grew more heated on Monday as Beijing denounced press criticism of its ambassador to Ottawa, only to have Canada's deputy prime minister and opposition le…
Los Angeles faces lawsuit over marijuana delivery licenses
LOS ANGELES (AP) — Two marijuana trade organizations filed a lawsuit Monday against the nation’s largest legal pot market over restrictions on stand-alone delivery services that have blocked them from obtaining lic…
Is Facebook really ready for the 2020 election?
Ever since Russian agents and other opportunists abused its platform in an attempt to manipulate the 2016 U.S. presidential election, Facebook has insisted — repeatedly — that it's learned its lesson and is no long…
GM expected to announce electric vehicle for Tennessee plant
DETROIT (AP) — General Motors is expected to reveal that it will build the Cadillac Lyriq electric SUV at its factory in Spring Hill, Tennessee, when it makes a major manufacturing announcement on Tuesday.
Europe's central banker: Recovery 'risks losing momentum'
FRANKFURT, Germany (AP) — The head of the European Central Bank says the economic recovery from the coronavirus pandemic “risks losing momentum” due to a second wave of infections and that more stimulus could be ad…
ConocoPhillips buying Concho in $9.7B all-stock deal
NEW YORK (AP) — ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion making it a major presence in the Permian Basin, the top-producing oil field in the U.S.
AP-NORC/SAP poll: 1 in 4 US workers have weighed quitting
New York (AP) — The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed and stretched thin.
Business Highlights
___
Report showing gains in bank access overshadowed by COVID
CHARLOTTE, N.C. (AP) —
First commercial passenger flight from UAE lands in Israel
TEL AVIV, Israel (AP) — The first commercial passenger flight to Israel by a carrier from the United Arab Emirates landed near Tel Aviv on Monday, further cementing a normalization deal between the two countries.
Nokia to build moon's first 4G cell network for NASA program
LONDON (AP) — Nokia says it has been tapped by NASA to build the first cellular communications network on the moon.
Pandemic air travel milestone; 1 million passengers screened
SILVER SPRING, Md. (AP) — The number of passengers screened in a single day for flights in the U.S. topped one million for the first time since COVID-19 infections began to spike last March.