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…
Minnesota Supreme Court weighs fate of PolyMet mine permits
MINNEAPOLIS (AP) — Lawyers for the proposed PolyMet copper-nickel mine and state regulators urged the Minnesota Supreme Court on Tuesday to defer to the judgment of the state Department of Natural Resources and rei…
World Bank approves $12B to finance virus vaccines, care
The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people.
Pandemic forces Colombia family to live in banquet hall
BOGOTA, Colombia (AP) — Jamer Gonzalez used to organize about nine weddings, birthday parties or company lunches each month at his banquet hall in a working class district of Colombia's capital, earning enough to l…
Business Highlights
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How major US stock indexes fared Tuesday
Stocks closed lower Tuesday on Wall Street, snapping a four-day winning streak.
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.
Possible safety issue spurs pause of COVID-19 antibody study
Independent monitors have paused enrollment in a study testing the COVID-19 antiviral drug remdesivir plus an experimental antibody therapy being developed by Eli Lilly that’s similar to a treatment President Donal…
Stocks end lower as Wall Street pauses after a 4-day rally
Banks and technology companies led a broad slide for stocks on Wall Street Tuesday, snapping the market's four-day winning streak.
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.
Royal Caribbean, AMC fall; Ethan Allen, Walt Disney rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
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
Apple unveils new iPhones for faster 5G wireless networks
Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks, hoping that demand for higher data speeds will spark demand for new phones.
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.
AP Explains: The promise of 5G wireless - speed, hype, risk
A much-hyped network upgrade called “5G” means different things to different people.
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…