Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Port of Moses Lake to build electrical generation, transmission lines
MOSES LAKE — The Port of Moses Lake will start construction of electrical transmission lines between port property…
Maine blueberry industry reels from drought, frost, virus
PORTLAND, Maine (AP) — A late spring frost, a devastating drought and labor troubles wrought by the coronavirus pandemic conspired to make 2020 a difficult year for the wild blueberry producers who harvest the frui…
Abu Dhabi, UAE's conservative capital, ends alcohol licenses
DUBAI, United Arab Emirates (AP) — Abu Dhabi, the conservative capital of the United Arab Emirates, is eliminating its licensing system for alcohol purchases for drinkers after Dubai repeatedly loosened its own rul…
German public-sector workers walk out to press pay demands
BERLIN (AP) — Public-service workers in Germany launched a campaign of short strikes on Tuesday to press their demand for a significant pay raise, with hospital and child care center employees and drainage workers …
As Trump holds back, tech firms step in on election security
WASHINGTON (AP) — Adam Schiff was in the audience at the 2018 Aspen Security Forum when a Microsoft executive mentioned an attempted hacking of three politicians up for reelection. It was the first that Schiff, the…
British man sentenced to 5 years for hacking US companies
ST. LOUIS (AP) — A British man who was part of a hacking collective called The Dark Overlord was sentenced Monday to five years in prison for helping the group steal information from several companies in the U.S., …
EU sanctions Turkish firm over Libya arms embargo violations
BRUSSELS (AP) — The European Union on Monday slapped sanctions on three transport companies for violating the U.N. arms embargo on Libya, including the Turkish shipping firm that operates a vessel at the center of …
Canadian auto workers extend Ford contract, delay strike
DETROIT (AP) — The union that represents Canadian auto workers has extended its contract with Ford beyond an 11:59 p.m. deadline, a sign that progress is being made toward an agreement.
The Latest: Hollywood unions announce pandemic agreement
LOS ANGELES — Hollywood’s unions have announced that they have reached an agreement on pandemic protocols with major studios that will allow the broad resumption of production of films and television after six mont…
The Latest: Connecticut forms advisory groups on vaccines
HARTFORD, Conn. -- Connecticut is forming an advisory group to validate the safety of any coronavirus vaccines and how to distribute them to the public, Gov. Ned Lamont said Monday.
British man sentenced to 5 years for hacking US companies
ST. LOUIS (AP) — A British man who was part of a hacking collective called The Dark Overlord was sentenced Monday to five years in prison for helping the group steal information from several companies in the U.S., …
Powell: Many small companies can borrow without Main Street
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggl…
Atlantic City is leading a wave of female casino leaders
ATLANTIC CITY, N.J. (AP) — For decades, women have dealt cards or served drinks in casinos, but they rarely got the chance to run the joint.
Watchdog: Millions in danger of missing virus relief payouts
WASHINGTON (AP) — Millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records, a government watchdog said in a report issued Mo…
How major US stock indexes fared Monday
Stocks closed broadly lower on Wall Street Monday as markets tumbled worldwide on worries about the pandemic’s economic pain.
Wall Street falls, S&P 500 down 1.2% as global markets swoon
NEW YORK (AP) — Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic’s economic pain, though the S&P 500 had pared its losses by the end of the day.