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…
Finance minister says Iraq's leaders willing to make reforms
BAGHDAD (AP) — Iraq's finance minister said Thursday there is growing political will to undertake drastic reforms needed for the country to tackle a daunting liquidity crisis, which has pushed Iraq to the brink of …
The Latest: Dr. Fauci: Rethink usual plans for Thanksgiving
WASHINGTON -- Dr. Anthony Fauci says Americans should rethink their usual plans for Thanksgiving gatherings, citing increased coronavirus infections and hospitalizations.
Pandemic hammers small businesses vital to economic recovery
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.
The Latest: France sets curfew; health staff march in Paris
PARIS -- France will deploy 12,000 police officers to enforce a curfew that starts Friday night and plans to spend another 1 billion euros helping businesses hit by the new restrictions.
EU leader Ursula von der Leyen leaves summit, goes into quarantine after staffer tests positive for COVID-19
BRUSSELS (AP) — EU leader Ursula von der Leyen leaves summit, goes into quarantine after staffer tests positive for COVID-19.
Europe reels as it sets virus records, slaps on new rules
BERLIN (AP) — Fears rose Thursday that Europe is running out of time to control a resurgence of the coronavirus, as infections hit record daily highs in Germany, the Czech Republic, Italy and Poland. France slapped…
US jobless claims rise to 898,000 with layoffs still high
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s…
Stocks open lower on Wall Street as virus spreads in Europe
Stocks are falling on Wall Street in early trading Thursday, extending the market's pullback this week as optimism that Congress will deliver another round of stimulus for the economy wanes and new data show anothe…
Sweden wants to up defense budget due to regional tensions
STOCKHOLM (AP) — Sweden’s left-leaning government on Thursday proposed a 40% increase for its defense budget from 2021-2025 with the defense minister saying the move came because the region's security policy situat…
France warns Turkey of EU sanctions over 'provocations'
ANKARA, Turkey (AP) — France warned Turkey on Thursday that it could face European Union sanctions for its “provocations,” after Ankara redeployed its search vessel on a new energy exploration mission in the easter…
Morgan Stanley 3Q profit rises 25%, helped by trading
CHARLOTTE, North Carolina (AP) — Morgan Stanley said Thursday that profit rose 25% in the third quarter from last year, as the investment bank benefitted from a boost in trading revenue as well as higher investment…
Drugstore chain Walgreens rebounds with $373M profit in 4Q
COVID-19 took another bite out of Walgreens Boots Alliance quarterly numbers but this time left behind better-than-expected earnings.
US jobless claims reach 898,000 as layoffs remain high 7 months after virus struck economy
WASHINGTON (AP) — US jobless claims reach 898,000 as layoffs remain high 7 months after virus struck economy.
UN: Europe's pandemic restrictions are absolutely necessary
LONDON (AP) — The head of the World Health Organization’s Europe office said the exponential surge of coronavirus cases across the continent has warranted the restrictive measures being taken, calling them “absolut…
Cyprus House speaker quits over citizenship for sale scandal
NICOSIA, Cyprus (AP) — Cyprus’ parliamentary speaker has resigned after an undercover news report allegedly caught him on tape promising to help circumvent the country's rules on granting citizenship to foreign inv…