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…
Business Highlights
___
Software company founder McAfee charged with tax evasion
MEMPHIS, Tenn. (AP) — Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking …
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose $2.17 to $39.22 a barrel Monday. Brent crude oil for December delivery rose $2.02 to $41.29 a barrel.
Asia Today: Sri Lanka confirms 321 cases in factory cluster
COLOMBO, Sri Lanka (AP) — Sri Lanka said Tuesday more than 300 garment factory workers are infected with the coronavirus, days after reporting the Indian Ocean nation's first community infection in two months.
Officials: Carbon capture project would be largest in world
ALBUQUERQUE, N.M. (AP) — One of the largest coal-fired power plants in the U.S. Southwest would undergo a $1.4 billion overhaul as part of a proposal to keep the plant operating for at least another decade while me…
Service sector grows for the 4th consecutive month
WASHINGTON (AP) — The U.S. services sector, where most Americans work, grew for a fourth straight month in September as the country continued to reopen following a spring shutdown.
Asia Today: India has another 75,800 cases, recovery high
NEW DELHI (AP) — India has registered 75,829 confirmed coronaviruses cases in the past 24 hours, a day after crossing 100,000 total fatalities.
Asia Today: Remote learning begins in virus-hit Philippines
MANILA, Philippines (AP) — Grade school and high school students in the Philippines began classes at home Monday after the coronavirus pandemic forced remote-learning onto an educational system already struggling t…
Nvidia says it will build UK's most powerful supercomputer
LONDON (AP) — Graphics chip maker Nvidia said Monday it plans to build Britain's fastest supercomputer that healthcare researchers can use to work on medical problems including COVID-19.
New Polish education minister tests positive for coronavirus
WARSAW, Poland (AP) — The official swearing-in of Poland's reshuffled government was postponed until Tuesday and some members were put into quarantine after one of the ministers tested positive for COVID-19.
CEOs of 3 tech giants to testify at Oct. 28 Senate hearing
WASHINGTON (AP) — The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.
Pope: Market capitalism has failed in pandemic, needs reform
ROME (AP) — Pope Francis says the coronavirus pandemic has proven that the “magic theories” of market capitalism have failed and that the world needs a new type of politics that promotes dialogue and solidarity and…
Australia plans big spending pandemic measures, record debt
CANBERRA, Australia (AP) — The Australian government Tuesday will reveal a big spending financial blueprint for the next few years that will drive business investment and job creation while repairing pandemic damag…
Bluefin tuna in focus as Japan seeks boost to catch limits
MITO, Japan (AP) — Countries involved in managing bluefin tuna fisheries are set to face-off over a Japanese proposal to raise its catch quotas for the fish, highly prized for sushi and sashimi.
Pandemic pushes start of holiday shopping earlier than ever
NEW YORK (AP) — Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes o…