Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
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…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery fell 6 cents to $40.25 a barrel Friday. Brent crude oil for November delivery fell 2 cents to $41.92 a barrel.
Powerful Vatican Cardinal Becciu resigns amid scandal
ROME (AP) — The powerful head of the Vatican's saint-making office, Cardinal Angelo Becciu, resigned suddenly Thursday from the post and renounced his rights as a cardinal amid a financial scandal that has reported…
Justice Dept. expected to file antitrust action vs. Google
WASHINGTON (AP) — The Justice Department is expected to bring an antitrust action against Google in coming weeks, focusing on its dominance in online search and whether it was used to stifle competition and hurt co…
Ex-Backpage execs want judge in their criminal case recused
PHOENIX (AP) — Former executives of Backpage.com are seeking the recusal of the federal judge presiding over a criminal case in which they are accused of knowingly publishing ads for sexual services, arguing that s…
BMW fined $18 million for inflating monthly US sales figures
DETROIT (AP) — BMW will pay an $18 million fine to settle allegations that it inflated its U.S. monthly sales numbers for five straight years.
Mnuchin and Powell back jobless aid and small business loans
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell said Thursday that the government’s top priorities in any new economic relief package should be to provide affordable l…
Iowa fines beef plant $957 after huge coronavirus outbreak
IOWA CITY, Iowa (AP) — Iowa regulators have issued their first citation to a meatpacking plant with a large coronavirus outbreak that sickened its workforce — a $957 fine for a minor record-keeping violation.
Assange 'binge-watched' suicide of ex-Bosnian Croat general
LONDON (AP) — Julian Assange relayed how he “binge-watched” the suicide of the former Bosnian Croat general in a U.N. courtroom three years ago, a doctor who visited the WikiLeaks founder on several occasions while…
As virus surges, critics say UK hasn't learned from mistakes
LONDON (AP) — Britain bungled its response to the coronavirus the first time around. Now many scientists fear it’s about to do it again.