Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Soap Lake Library teaches young gardeners how to help native bees thrive
SOAP LAKE — Families visited the Soap Lake Library this week for an Earth Day program that turned tin cans, bamboo…
J&J beats 3Q net views, hikes 2020 forecast, but shares fall
Despite the coronavirus pandemic hurting sales of most of its products, Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a huge litigation charge in the year-ago quarte…
Swedish giant Ikea to buy back used furniture
STOCKHOLM (AP) — Flat-pack furnishings retailer Ikea said Tuesday that will offer to buy back thousands of pieces of used Ikea furniture in 27 countries, for resale, recycling or donation to community projects.
China's vehicle sales pick up in September as market revives
BEIJING (AP) — China’s vehicle sales including trucks and buses accelerated in September as the industry’s biggest global market recovered from the coronavirus pandemic, an industry group reported Tuesday.
Delta posts $5.4 billion 3Q loss as pandemic hammers travel
The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic.
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON (AP) — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly…
Cyprus cancels maligned 'golden passport' scheme
NICOSIA, Cyprus (AP) — Cyprus on Tuesday scrapped a lucrative program granting citizenship to wealthy investors amid new allegations that a top state official and a veteran lawmaker were implicated in attempts to b…
Dutch order bars, restaurants closed over pandemic fears
THE HAGUE, Netherlands (AP) — The Dutch government decided to close bars and restaurants as of Wednesday to counter the sustained surge in coronavirus cases across the nation.
Belarus opposition leader threatens nationwide strike
VILNIUS, Lithuania (AP) — The top opposition challenger in the Belarusian presidential election threatened Tuesday to call a nationwide strike unless the country's authoritarian president announces his resignation,…
China's Xi promises changes to promote tech center Shenzhen
BEIJING (AP) — President Xi Jinping on Wednesday promised new steps to promote development of China's biggest tech center, Shenzhen, amid a feud with Washington that has disrupted access to U.S. technology and is f…
Holiday shopping gets early start with October Prime Day
NEW YORK (AP) — Halloween is still weeks away, but retailers are hoping you'll start your holiday shopping now.
Hawaii to stop using online program after parent complaints
HONOLULU (AP) — Hawaii’s public schools will stop using a distance learning program after parents complained about racist and sexist content.
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.