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…
Used vehicle prices up as supply sinks, but relief is coming
DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit, and that almost singlehandedly caused
Boeing's struggles continue: No jetliner sales in September
Boeing failed to sell any airline planes last month and suffered more cancellations of a grounded jetliner, further evidence of the company's battle to overcome a drop in air travel during the pandemic and crashes …
NASA moon-landing tech hitches ride to space on Bezos rocket
CAPE CANAVERAL, Fla. (AP) — Jeff Bezos’ Blue Origin space company launched a New Shepard rocket for a seventh time from a remote corner of Texas on Tuesday, testing new lunar-landing technology for NASA that could …
Asian shares track Wall Street decline on pandemic jitters
Shares were mostly lower in Asia on Wednesday after pandemic concerns snapped a four-day winning streak on Wall Street.
Walmart to spread out deals to avoid Black Friday crowds
NEW YORK (AP) — Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.
Royal Caribbean, AMC fall; Ethan Allen, Walt Disney rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Possible safety issue spurs pause of COVID-19 antibody study
Independent monitors have paused enrollment in a study testing the COVID-19 antiviral drug remdesivir plus an experimental antibody therapy being developed by Eli Lilly that’s similar to a treatment President Donal…
Landlords are getting squeezed between tenants and lenders
NEW YORK (AP) — When it comes to sympathetic figures, landlords aren't exactly at the top of the list. But they, too, have fallen on hard times, demonstrating how the coronavirus outbreak spares almost no one.
The Latest: China carries out 4.2 million tests in Qingdao
BEIJING — China says it has carried out more than 4.2 million tests in the northern port city of Qingdao, with no new cases of coronavirus found among the almost 2 million sets of results received.
Muslim protesters march against Indonesia's new labor law
JAKARTA, Indonesia (AP) — Thousands of conservative Muslims marched in Indonesia’s capital on Tuesday demanding that the government revoke a new law they say will cripple labor rights, with some clashing with polic…
World Bank approves $12B to finance virus vaccines, care
The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people.
WTO says EU can put tariffs on $4 billion of US goods
GENEVA (AP) — International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker…
Citi 3Q profit fall 34% but tops Wall Street expectations
CHARLOTTE, N.C. (AP) — Citigroup says profit fell 34% in the third quarter due to weakness in its consumer banking division, as the pandemic continues to make it tough for millions of Americans and businesses to pa…
Consumer prices rise 0.2% in September, used vehicles spike
SILVER SPRING, Md. (AP) — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.
Germany, France call for UK concessions in EU-UK trade talks
BRUSSELS (AP) — Germany and France on Tuesday pressured the United Kingdom to make concessions in three key areas of Brexit trade negotiations — fishing rights, corporate governance and fair competition — or face a…