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…
To dodge sanctions Venezuela turns to Asia asphalt giant
MIAMI (AP) — Back in January, a yearlong campaign of U.S. sanctions was taking its toll at Venezuela’s state-run oil company. Many of PDVSA’s overseas bank accounts had been frozen or closed, hampering its ability …
European institutions give money to back Albanian tourism
TIRANA, Albania (AP) — The European Bank for Reconstruction and Development and the European Union on Thursday gave 100 million euros ($117.5 million) to Albania to help its tourism industry recover and boost its c…
JPMorgan puts $30B toward fixing banking's 'systemic racism'
CHARLOTTE, N.C. (AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism…
IBM to spin off $19B business to focus on cloud computing
ARMONK, N.Y. (AP) — IBM says it is breaking off a $19 billion chunk of its business to focus on cloud computing.
Antibody drugs are no cure but seem promising for COVID-19
WASHINGTON (AP) — They’re not cures and it’s not likely that everyone will be able to get them as President Donald Trump has suggested. But experimental antibody drugs like the one Trump was given are among the mos…
Jim Dwyer, longtime chronicler of New York City, dies at 63
NEW YORK (AP) — Jim Dwyer, an award-winning news reporter and columnist who spent almost four decades telling New York City's stories, has died. He was 63.
Asia Today: Sri Lanka expands curfew, closes gov't offices
COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka have closed key government offices and further expanded a curfew in an attempt to contain a surging coronavirus outbreak.
Drive-thru dominates even as dine-in restrictions ease
Even with cities like New York relaxing rules for dining in, sales figures from chains like McDonalds and Domino’s Pizza on Thursday suggest that most people continue to favor keeping their distance.
The Latest: India edges closer to 7 million virus cases
NEW DELHI — India has reported another 70,496 new infections in the past 24 hours, taking the country’s total since the pandemic began to more than 6.9 million.
Airbnb requires hosts to commit to enhanced cleaning
Airbnb said Thursday it will require hosts to comply with enhanced cleaning procedures as part of its effort to reassure guests and local officials during the coronavirus pandemic.
Business Highlights
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Coty, Eaton Vance rise; Domino's, Cytokinetics fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday:
Tweet lures Camping World in as NHRA new title sponsor
CHARLOTTE, N.C. (AP) — Marcus Lemonis first learned the NHRA drag racing series had abruptly lost its title sponsor via Twitter and used the same social media platform to alert the league he was interested in helpi…
Jim Dwyer, longtime chronicler of New York City, dies at 63
NEW YORK (AP) — Jim Dwyer, an award-winning news reporter and columnist who spent almost four decades telling New York City's stories, has died. He was 63.
COVID-19 relief pushes U.S. budget deficit to a record $3.1T
WASHINGTON (AP) — New, eye-popping federal budget figures released Thursday show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled by coronavirus relief spending that pushed the …