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…
The Latest: Czech Republic sees record surge of infections
PRAGUE — Coronavirus infections in the Czech Republic have hit a record high for the second straight day, surpassing 5,000 cases in a day for the first time.
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…
Up to 150 million could join extreme poor, World Bank says
JOHANNESBURG (AP) — Up to 150 million people could slip into extreme poverty, living on less than $1.90 a day, by late next year depending on how badly economies shrink during the COVID-19 pandemic, the World Bank …
Australia expects COVID-19 vaccination is still a year away
CANBERRA, Australia (AP) — Australia considered a rollout of a coronavirus vaccine no sooner than mid-2021 a best-case scenario in its pandemic planning that would save the economy tens of billions of dollars, the …
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…
Federal appeals court rules that New York prosecutor can get access to President Trump's tax returns
NEW YORK (AP) — Federal appeals court rules that New York prosecutor can get access to President Trump's tax returns.
Lilly seeks emergency use of its antibody drug for COVID-19
A drug company says it has asked the U.S. government to allow emergency use of an experimental antibody therapy based on early results from a study that suggested the drug reduced symptoms, the amount of virus, hos…
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.