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…
The Latest: Seoul region remains virus hot spot for S Korea
SEOUL, South Korea — South Korea has 69 new confirmed coronavirus cases, most of them in the Seoul region area where health workers are struggling to track transmissions tied to hospitals, churches, schools and an …
Suit: Atlanta area housing site illegally evicted residents
DECATUR, Ga. (AP) — The owners of an Atlanta area housing site are illegally throwing out residents struggling to make ends meet amid the coronavirus pandemic and have failed to address roaches, bed bugs and other …
Company that planned LA development to settle bribery case
LOS ANGELES (AP) — A company that planned a massive redevelopment project in downtown Los Angeles will pay more than $1 million after acknowledging that it was involved in bribing city officials, authorities said W…
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.
Removal of Georgia shipwreck delayed again over anchor issue
SAVANNAH, Ga. (AP) — An engineering problem has forced another delay before salvage crews can start removing an overturned cargo ship that's been partially submerged on the Georgia coast for more than a year, offic…
The Latest: Connecticut enters 3rd reopening phase Thursday
HARTFORD, Conn. -- Connecticut’s third reopening phase is set to begin Thursday, a milestone during the coronavirus pandemic that is getting a lukewarm reception from some business owners and arts aficionados.
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…
IRS chief: agency reaching out on pandemic relief payments
WASHINGTON (AP) — The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, said Wednesday the agency is reaching out to low-income and homeless people, mili…
Low tech talk in Google, Oracle high tech copyright clash
WASHINGTON (AP) — The topic was high tech: the code behind smartphones.
Bleak outlook without stimulus: More layoffs, anemic growth
WASHINGTON (AP) — President Donald Trump's move Tuesday to cut off talks on another government aid package will further weaken an economy straining to recover from an epic collapse, economists say, and deepen the h…
The Latest: President Trump returns to the Oval Office
WASHINGTON — President Donald Trump has returned to the Oval Office for the first time since he was diagnosed with COVID-19.
Fed officials cited risks if Congress fails to pass more aid
WASHINGTON (AP) — Federal Reserve officials expressed concern at their most-recent meeting that the U.S. economy recovery could falter if Congress failed to approve another round of pandemic relief.
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.
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.
Fed officials last month saw sizable risks facing economy
WASHINGTON (AP) — Federal Reserve officials last month believed that while the U.S. economy was recovering faster than expected, it faced ongoing threats, including a failure by Congress to provide further rescue a…