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…
Hacked hospital chain says all 250 US facilities affected
The hospital chain Universal Health Services said Thursday that computer services at all 250 of its U.S. facilities were hobbled in last weekend's malware attack and efforts to restore hospital networks were contin…
Google to pay $1 billion over 3 years for news content
LONDON (AP) — Google will pay publishers $1 billion over the next three years for their content, the company's latest effort to defuse tensions over its dominance of the news industry.
Judge blocks large parts of temporary work visa ban
SAN DIEGO (AP) — A judge on Thursday temporarily lifted a visa ban on a large number of work permits, undercutting a measure that the Trump administration says protects American jobs in a pandemic-wracked economy.
Mexican workers send home huge amounts of money amid virus
PHOENIX (AP) — The coronavirus pandemic stopped work for nearly a month at the California farm where Luis earns $80 a day picking tomatoes, but that didn't stop him from sending $800 to family in Mexico.
New Ford CEO replaces CFO, pledges stronger profit margins
DETROIT (AP) — On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural and management changes.
US 3Q auto sales fall 9.7%, but they're rising from 2Q lows
DETROIT (AP) — In normal times, a 9.7% drop in auto sales would cause executives to sweat profusely. These are not normal times.
Average rate on 30-year mortgage tick down to 2.88%
SILVER SPRING, Md. (AP) — U.S. average rates on long-term mortgages edged down slightly this week, remaining at historically low levels.
One Chicago community endures virus, violence and turmoil
CHICAGO (AP) — In harrowing moments, in the sobs of grieving mourners and the incessant wail of sirens, the crises of 2020 have played out painfully within a single Chicago community:
Unemployment marches higher in Europe as pandemic grinds on
FRANKFURT, Germany (AP) — Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that extensive government support programs won't be able keep many businesses …
US layoffs remain elevated as incomes and spending weaken
WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
US construction spending increases 1.4% in August, led by strong gain in single-family home building
WASHINGTON (AP) — US construction spending increases 1.4% in August, led by strong gain in single-family home building.
Former coal CEO Robert Murray files for black lung benefits
CHARLESTON, W.Va. (AP) — Former coal CEO Robert E. Murray, who has fought federal regulations on the industry, has filed an application with the U.S. Department of Labor for black lung benefits, according to a publ…
High demand for flu shots? Experts hope to avoid 'twindemic'
October is prime time for flu vaccinations, and the U.S. and Europe are gearing up for what experts hope is high demand as countries seek to avoid a “twindemic” with COVID-19.
$5 million judgement imposed on Snowden for book, speeches
FALLS CHURCH, Va. (AP) — A federal judge has entered a judgement of more than $5 million against former security contractor Edward Snowden to recover money he received for writing a book and giving speeches about h…
Facebook tightens political ad bans as US election nears
WASHINGTON (AP) — With just over a month to go before Americans head en masse to the polls in an extraordinarily contentious election, Facebook is expanding restrictions on political advertising, including new bans…