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: 26 nations urge US to lift sanctions amid virus
UNITED NATIONS -- China and 25 other nations have called for the immediate lifting of sanctions by the United States and Western countries to ensure an effective response to the COVID-19 pandemic.
CEO says Southwest needs union pay cuts to avoid furloughs
DALLAS (AP) — Southwest Airlines will cut pay for nonunion workers in January and says union workers must also accept less pay or face furloughs next year as the pandemic continues to hammer the airline business.
Los Angeles Times executive editor to resign
LOS ANGELES (AP) — Los Angeles Times Executive Editor Norman Pearlstine plans to resign after two years heading a newspaper battered by layoffs, mismanagement and questions about its commitment to newsroom diversit…
Exploding Takata air bag inflator kills Arizona driver
LANSING, Mich. (AP) — Another person has been killed by an exploding Takata air bag inflator, bringing the worldwide death toll to at least 26.
The Latest: 26 nations urge US to lift sanctions amid virus
UNITED NATIONS -- China and 25 other nations have called for the immediate lifting of sanctions by the United States and Western countries to ensure an effective response to the COVID-19 pandemic.
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…
CEO says Southwest needs union pay cuts to avoid furloughs
DALLAS (AP) — Southwest Airlines will cut pay for nonunion workers in January and says union workers must also accept less pay or face furloughs next year as the pandemic continues to hammer the airline business.
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 …
Minneapolis restaurant quarantines 13 who worked Trump event
MINNEAPOLIS (AP) — Thirteen staff members from a Minneapolis steakhouse were quarantining after the restaurant catered a fundraiser attended by President Donald Trump during his visit to Minnesota last week, the re…
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.
Regeneron, MyoKardia rise; DraftKings, AMC fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
3 dead, 1 hurt after partial building collapse in Houston
HOUSTON (AP) — Three workers were killed Monday when a stairwell collapsed inside a high-rise building under construction in Houston, according to fire department officials.
Stocks jump on stimulus hopes, Trump's hospital departure
NEW YORK (AP) — Wall Street rallied Monday as hopes for economic aid from Washington helped it recover all its knee-jerk losses after learning President Donald Trump tested positive for the coronavirus.
The Latest: British officials investigating reporting glitch
LONDON — The British government has launched an investigation into how nearly 16,000 new coronavirus infections went unreported as a result of a technical glitch.
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.