Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local experts eye AI to help develop the future
MOSES LAKE — AI technology has been developing quickly over the last few years with multiple avenues and questions…
UK may take part in COVID-19 vaccine 'challenge studies'
LONDON (AP) — The British government says it may take part in a study that tries to deliberately infect volunteers who have been given an experimental vaccine against the coronavirus in an effort to more quickly de…
The Latest: $14M more in virus funds for 3 Ariz universities
PHOENIX — Arizona will provide the state’s three public universities with $14 million in additional funding to boost their efforts to test, track and respond to the coronavirus.
Agency: No Cyprus passports for wealthy investors' families
NICOSIA, Cyprus (AP) — Cyprus’ top oversight body urged lawmakers on Thursday to rethink new legislation that empowers the government to grant citizenship to family members of wealthy investors under the country’s …
Asia Today: India's daily new virus cases on declining trend
NEW DELHI (AP) — India reported another 86,052 coronavirus cases in the past 24 hours, a declining trend with recoveries exceeding new cases this week.
Palm oil labor abuses linked to world’s top brands, banks
PENINSULAR MALAYSIA (AP) — An invisible workforce of millions of laborers from some of the poorest corners of Asia toil in the palm oil industry, many of them enduring various forms of exploitation, with the most s…
Asian shares gain, cheered by US rally on hopes for stimulus
TOKYO (AP) — Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy.
Sales of new homes surge 4.8% in August
NEW YORK (AP) — Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy. The pace of sales have now reached levels last seen before the Great Recession in 20…
Owner of fire-stricken ship to pay $1.8M for Sri Lankan help
COLOMBO, Sri Lanka (AP) — The owner of a large oil tanker that caught fire off Sri Lanka's coast has agreed to pay $1.8 million to the island nation for its help in extinguishing the blaze, an official said Thursda…
Fight over Trump tax returns goes to appeals court — again
NEW YORK (AP) — A federal appeals court is set to hear arguments Friday in President Donald Trump’s long-running fight to prevent a top New York prosecutor from getting his tax returns.
Rite Aid tops Street 2Q expectations, revises forecast
Rite Aid topped Wall Street expectations for the fiscal second quarter and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty.
Powerful Vatican official Cardinal Becciu resigns as head of saints office, rights as a cardinal amid financial scandal
VATICAN CITY (AP) — Powerful Vatican official Cardinal Becciu resigns as head of saints office, rights as a cardinal amid financial scandal.
Trial on Harvey plant fire resumes after COVID-19 delay
HOUSTON (AP) — A trial in which a chemical manufacturer is facing charges over a fire at its suburban Houston plant during Hurricane Harvey that sent toxic smoke into the air in 2017 resumed on Thursday following a…
Chinese company says coronavirus vaccine ready by early 2021
BEIJING (AP) — A Chinese pharmaceutical company said Thursday the coronavirus vaccine it is developing should be ready by early 2021 for distribution worldwide, including the United States.
Hacked software provider won't say if ransomware involved
DALLAS (AP) — A day after informing customers that it had been hacked by an unknown intruder, a major U.S. provider of software services to state and local governments —including posting election data online— said …
IPOs head for banner year on stock market's strength
Companies that cater to the “new normal” of working and shopping from home are rushing to go public.