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…
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.
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…
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.
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…
Delta posts $5.38 billion 3Q loss as pandemic hammers travel
The summer travel season was even worse than expected for Delta Air Lines, which lost $5.38 billion in the third quarter as people hunkered down at home during the pandemic.
Uptick for retiree checks in 2021 amid coronavirus worries
WASHINGTON (AP) — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about
Consumer prices rise 0.2% in September as 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.
Johnson & Johnson beats 3Q profit views, hikes 2020 forecast
Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a $4 billion charge for litigation costs in the year-ago quarter. The health care giant blew past Wall Street expectati…
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…
US investigates fire reports in Chevy Bolt electric vehicles
DETROIT (AP) — The U.S. government's road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire.
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…
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…
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.
Millennial Money: Use a crisis to build helpful money habits
As millennials, we’ve learned about money the hard way. From the Great Recession to stratospheric student loan debt to a pandemic, there’s been no shortage of life giving us lemons.
Facebook donates $1.3M to keep UK codebreaker museum open
LONDON (AP) — Facebook has made a 1 million-pound ($1.3 million) donation to support Britain’s Bletchley Park, the base of codebreakers during World War II, after the historic site lost almost all of its income ami…