Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local experts eye AI to help develop the future
MOSES LAKE — AI technology has been developing quickly over the last few years with multiple avenues and questions…
Ruby Tuesday, hit by COVID closures, files for bankruptcy
Ruby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and changing consumer habits.
Sri Lanka closes key state offices as virus outbreak surges
COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka closed key government offices and further expanded a curfew Thursday to contain a surging coronavirus outbreak.
New Jack Daniel's master distiller keeps up family tradition
In a business where family tradition tends to matter, Chris Fletcher stepped up Wednesday to follow in his grandfather's footsteps to lead production of the Jack Daniel’s whiskey brand.
Thousands of students, workers protest new Indonesian law
BANDUNG, Indonesia (AP) — Thousands of Indonesian students and workers protested on Wednesday against a new law they say will cripple labor rights and harm the environment, with some clashing with police. One stude…
Romanian hospitality workers protest as new lockdown starts
BUCHAREST, Romania (AP) — Hundreds of Romanian hospitality workers protested Wednesday evening in the capital, Bucharest, accusing the government of failing to protect their industry from the pandemic's economic fa…
Michigan health chief cites 'broad' authority, issues rules
LANSING, Mich. (AP) — Michigan's health chief said Tuesday he has “broad” legal authority to curb the coronavirus, as he issued additional orders reinstituting restrictions negated by a state Supreme Court ruling a…
Poland fines Russia's Gazprom $7.6 billion over pipeline
WARSAW, Poland (AP) — Polish antitrust authorities have fined Russia's state-owned energy giant Gazprom $7.6 billion (6.5 billion euros) for building the Nord Stream 2 gas pipeline to Germany, saying the project hu…
US consumer borrowing fell by $7.2 billion in August
WASHINGTON (AP) — U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession.
Wall Street cheerleader Trump has little invested himself
NEW YORK (AP) — Even from the hospital, as his doctors were administering a mixture of drugs to battle the coronavirus, President Donald Trump couldn’t quite help himself.
Asian shares mostly higher after Trump stops stimulus talks
Stocks were mostly higher in Asia on Wednesday despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on another round of aid for the economy.
Edmunds compares 2020 Honda CR-V and Toyota RAV4 hybrids
The Toyota RAV4 Hybrid is the brand’s best-selling hybrid, with 2019 sales outpacing even those of the Prius. It provides significantly higher fuel economy ― an estimated 40 mpg combined ― than the regular RAV4 SUV…
Feds fine Citigroup $400 million over faulty risk management
NEW YORK (AP) — Citigroup has agreed to pay a $400 million fine imposed by U.S. regulators for failing to shore up the bank's operations.
Low tech talk in Google, Oracle high tech copyright clash
WASHINGTON (AP) — The topic was high tech: the code behind smartphones.
Lowe's to hand out another round of bonuses worth $100M
MOORESVILLE, N.C. (AP) — Lowe’s Cos. announced Wednesday that it is handing out another round of bonuses to recognize its front-line employees in light of the COVID-19 pandemic.
Asian shares mostly higher on hopes for U.S. stimulus
TOKYO (AP) — Asian shares were mostly higher on Thursday on optimism U.S. stimulus may be coming after all, as President Donald Trump appeared to reverse his earlier decision to halt talks on another economic rescu…