Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local experts eye AI to help develop the future
MOSES LAKE — AI technology has been developing quickly over the last few years with multiple avenues and questions…
Extra safety scrutiny planned as virus vaccine worries grow
Facing public skepticism about rushed COVID-19 vaccines, U.S. health officials are planning extra scrutiny of the first people vaccinated when shots become available — an added safety layer experts call vital.
Cheese producers react angrily to Mexico cheese seizure
MEXICO CITY (AP) — Cheese producers reacted angrily Wednesday to the Mexican government’s decision to halt the distribution of some products of major manufacturers for a host of alleged labelling violations.
UnitedHealth tops profit forecast, finally hikes outlook
UnitedHealth Group beat third-quarter earnings expectations and finally hiked its 2020 forecast after holding off while trying to gauge COVID-19’s impact.
Stocks fall on Wall Street as hopes fade for stimulus deal
Stocks gave up early gains and closed lower Wednesday, adding to Wall Street's losses from a day earlier.
Coronavirus lockdown 2.0 deepens divisions in Israel
JERUSALEM (AP) — When Israel went into lockdown last spring, Jerusalem pub owner Leon Shvartz moved quickly to save his business — shifting to a delivery and takeaway model that kept him afloat throughout the summe…
Wells Fargo posts $2 billion profit in 3Q, reversing 2Q loss
SILVER SPRING, Md. (AP) — Wells Fargo says it earned $2 billion in the third quarter, less than half of what it made in the same period last year but a significant improvement from this year's second quarter, when …
N. Korea's Kim visit typhoon-hit area, warns of 'defeatism'
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un visited a typhoon-ravaged rural town and lambasted government agencies for “defeatism,” state media reported Wednesday.
Asia Today: SKorea reports 110 cases, half in Busan hospital
SEOUL, South Korea (AP) — South Korea has reported 110 new cases of the coronavirus, half of them linked to a hospital in Busan.
Facing new fire threat, PG&E cuts power to tens of thousands
SAN FRANCISCO (AP) — Pacific Gas & Electric began turning off power to more than 50,000 Northern California customers Wednesday evening as dry, windy conditions renewed the threat of fire in a season already marked…
US wholesale prices jump 0.4% in September reflecting biggest increase in food costs since May
WASHINGTON (AP) — US wholesale prices jump 0.4% in September reflecting biggest increase in food costs since May.
Surprising things renters insurance covers — and leaves out
Insurance is designed to offer peace of mind, but there’s a reason your policy has all that fine print: You might not have the coverage you expect. Like any other insurance policy,
Hong Kong police raids outspoken media tycoon's office
HONG KONG (AP) — Hong Kong police raided the private offices of media tycoon and pro-democracy activist Jimmy Lai on Thursday, according to Lai’s aide.
A small Virginia city struggles to save its local businesses
WINCHESTER, Va. (AP) — In a normal year, hundreds of book lovers would have descended on Winchester this summer for Shenandoah University’s annual children’s literature conference.
Turkey says Greece failed to fulfill promises, vows response
ANKAR, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Wednesday accused Greece and Cyprus of failing to fulfill “promises” made during negotiations within the European Union and NATO and said his country w…
Goldman Sachs profits nearly doubles, helped by trading
CHARLOTTE, North Carolina (AP) — Goldman Sachs said Wednesday that its profits jumped sharply in the third quarter, helped by a strong performance by its trading desks and less need to set aside funds to cover pote…