Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
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…
G-20 suspends poor nations' debt payments for 6 more months
WASHINGTON (AP) — The Group of 20 nations, representing the world’s biggest economies, agreed Wednesday to extend the suspension of debt payments by an additional six months to support the most vulnerable countries…
Edmunds: Car value myths, busted
You’ve probably heard over the years a number of tips or myths regarding the value of your car. They might involve how quickly a new vehicle depreciates, for instance, or the biggest factor that influences the valu…
Wisconsin judge blocks governor's order limiting capacity
MADISON, Wis. (AP) — A Wisconsin judge on Wednesday temporarily blocked an order from Gov. Tony Evers’ administration limiting the number of people who can gather in bars, restaurants and other indoor places, a mov…
Business Highlights
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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.
Effort to bar LGBTQ discrimination moves ahead in Michigan
LANSING, Mich. (AP) — A ballot drive has turned in more than 483,000 signatures for an initiative to prohibit discrimination against LGBTQ people in Michigan by amending the state's civil rights law.
Asia Today: India reports 63,000 new cases, China tests 4.2M
NEW DELHI (AP) — India has confirmed more than 63,000 new cases of the coronavirus, an increase of over 8,000 from the previous day but still far fewer than it was reporting a month ago, when the virus was at its p…
United loses $1.8 billion, aims to shift focus to recovery
United Airlines financial hole grew deeper over the summer as a modest recovery in air travel slowed down, pushing the carrier to a loss of $1.84 billion in the typically strong third quarter.
Group of 20 nations to extend suspension of debt payments by 6 months for poorest countries amid pandemic
WASHINGTON (AP) — Group of 20 nations to extend suspension of debt payments by 6 months for poorest countries amid pandemic.
After outrage, Indian brand pulls ad with interfaith couple
NEW DELHI (AP) — The advertisement by the popular Indian jewelry brand featured a Muslim man and his Hindu wife preparing for a Hindu-style baby shower. Its tagline read: “A beautiful confluence of two different re…
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.
Allscripts, Concho rise; Wells Fargo, Bank of America fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: