Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Palos Verdes moves into Moses Lake
MOSES LAKE — One of Othello’s biggest developers just started its first new housing development in Moses Lake. …
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.
Lufthansa to try out pre-flight corona tests on routes to US
FRANKFURT, Germany (AP) — German airline Lufthansa says it will test the practice of offering on-the-spot coronavirus tests before boarding intercontinental flights in an attempt to find a way to get long-haul pass…
Stuck at sea: Nations urged to help virus-stranded mariners
PARIS (AP) — Another COVID-19 problem that the U.N. is trying to solve: how to help more than 300,000 merchant mariners who are trapped at sea because of coronavirus restrictions.
Groups decry proposal to roll back Alaska forest protections
JUNEAU, Alaska (AP) — The U.S. Forest Service is proposing to exempt the country’s largest national forest from a ban on timber harvests and road building in roadless areas, a move conservation groups denounced Thu…