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…
Waymo removing backup drivers from its autonomous vehicles
NEW YORK (AP) — Waymo is allowing the general public to hitch a ride in its driverless autonomous vehicles in Phoenix, expanding a service it had been quietly offering to a select group of riders for the past year.
Pakistan bans Chinese app TikTok over unlawful content
ISLAMABAD (AP) — Pakistan blocked the Chinese social media app TikTok, saying the company failed to fully comply with the instructions to develop an effective mechanism to control unlawful content.
Germany halts purchase of new army rifles amid patent claim
BERLIN (AP) — The German government said Friday it has halted the planned purchase of next-generation assault rifles for the military, following claims that the chosen supplier may have breached a rival's patent.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose $1.24 to $41.19 a barrel Thursday. Brent crude oil for December delivery rose $1.35 to $43.34 a barrel.
White House ups virus aid offer, resumes talks with Pelosi
WASHINGTON (AP) — The White House is boosting its offer in up-and-down COVID-19 aid talks Friday in hopes of an agreement before Election Day, even as President Donald Trump's most powerful GOP ally in the Senate s…
Facebook removes fake accounts linked to conservative group
Facebook has removed 276 accounts that used fake profiles to pose as right-leaning Americans and comment on news articles, often in favor of President Donald Trump, the company announced Thursday.
US hits all of Iran's financial sector with sanctions
WASHINGTON (AP) — The Trump administration has blacklisted virtually all of Iran’s financial sector, dealing another blow to an economy that is already reeling under U.S. sanctions. The move will deepen tensions wi…
London Stock Exchange sells Italian unit for $5.1 billion
LONDON (AP) — The London Stock Exchange Group has agreed to sell its holding in the parent company of the Italian stock exchange to rival Euronext for at least 4.33 billion euros ($5.11 billion).
Sri Lankan leader insists Chinese-funded projects are viable
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president asked a visiting delegation led by a senior Chinese diplomat on Friday to assist him in disproving a perception that China-funded megaprojects are “debt traps” aimed …
Yale settles inequity complaint over female doctors' pay
NEW HAVEN, Conn. (AP) — Yale University has agreed to pay $87,500 to four female cardiologists in its medical school after the U.S. Labor Department found they were being paid less than their male counterparts.
UK bolsters salary support for those hit by local lockdowns
LONDON (AP) — The British government said Friday it will pay two thirds of the salaries of workers in companies that have to close as a result of new coronavirus restrictions widely expected to come into effect nex…
Japan, Mongolia to cooperate on 'Free and Open Indo-Pacific'
TOKYO (AP) — The foreign ministers of Japan and Mongolia agreed Friday to cooperate in promoting a “Free and Open Indo-Pacific," a vision that Tokyo is pushing with the U.S. and other “like-minded” countries to cou…
Thai army criticized for alleged political use of Twitter
BANGKOK (AP) — A former politician whose party was the apparent target of a disguised online propaganda campaign by the Thai army earlier this year said Friday she and her colleagues plan legal action in response.
US layoffs still high, but so is skepticism on jobless data
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.
Brazil’s poor squeezed by less virus aid, surging food costs
RIO DE JANEIRO (AP) — Many people in Brazil are struggling to cope with less pandemic aid from the government and jumping food prices, with millions expected to slip back into poverty.