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…
California braces for renewed fire threat from windy weather
SAN FRANCISCO (AP) — Dry, windy weather posed an extreme wildfire risk Wednesday in Northern California, where massive blazes already have destroyed hundreds of homes and killed or injured dozens of people.
World Trade Organization arbitrators say EU can sanction up to $4 billion in US goods over illegal support for Boeing
GENEVA (AP) — World Trade Organization arbitrators say EU can sanction up to $4 billion in US goods over illegal support for Boeing.
UK unemployment ascent accelerates amid winter job fears
LONDON (AP) — Unemployment in the U.K. spiked higher in August, a clear sign that the jobless rate is heading towards levels not seen in 30 years as a government salary-support program ends this month and new local…
Facebook bans anti-vaccination ads but not antivax posts
OAKLAND, Calif. (AP) — Facebook says it will ban ads on its platform that discourage vaccinations — with an exception carved out for advocacy ads about government vaccine policies.
Business Highlights
Walmart to spread out deals to avoid Black Friday crowds
How major US stock indexes fared Tuesday
Stocks closed lower Tuesday on Wall Street, snapping a four-day winning streak.
Asia Today: China city says it's tested 3 million for virus
BEIJING (AP) — Authorities in the eastern Chinese port city of Qingdao said Tuesday that they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak in …
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.
AP FACT CHECK: Trump falsifies Biden stance on fracking
WASHINGTON (AP) — President Donald Trump is persisting with the myth that Democratic rival Joe Biden proposes to ban fracking. Biden doesn't.
JPMorgan, Citi profits improve amid signs of recovery
CHARLOTTE, N.C. (AP) — Two of the nation's biggest banks — JPMorgan Chase and Citigroup — said Tuesday that their profits improved markedly over the summer, as the U.S. economy tried to bounce back from the coronav…
Philippine military says no risk from China-backed towers
MANILA, Philippines (AP) — The Philippine military chief said Tuesday there is virtually no risk that towers and communications equipment to be put up in military camps by a China-backed telecom firm can be used fo…
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.