Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Dryer vent cleaning is important -- but often overlooked
MOSES LAKE — Not all the maintenance a house needs is visible. Sometimes a potential problem just goes unnoticed u…
Lufthansa pulls more big jets, issues gloomy outlook
German airline Lufthansa, already bailed out by the government, says it will have to make more staff cuts and mothball more jumbo jets than originally planned because the outlook for air travel is worse than the co…
Asia Today: Fewer cases in Melbourne, new surge in India
MELBOURNE, Australia (AP) — Australia’s second-largest city, Melbourne, has moved close to easing severe lockdown restrictions after recording only 14 new COVID-19 cases on Sunday.
Democrats unveil temporary funding bill to avert shutdown
WASHINGTON (AP) — Democrats controlling the House unveiled a government-wide temporary funding bill on Monday that would keep federal agencies fully up and running into December. The measure would prevent a partial…
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…
Soaring wealth during pandemic highlights rising inequality
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to
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…
Asia Today: India's cases keep rising; rallies in Melbourne
NEW DELHI (AP) — India has maintained its surge in coronavirus cases, adding 93,337 new confirmed infections in the past 24 hours.
Asian markets lower after Wall St declines for third week
BEIJING (AP) — Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in coronavirus infections.
Longtime ally to Trump's postal chief was paid by RNC
WASHINGTON (AP) — A former executive who worked in the private sector for Postmaster General Louis DeJoy was recently paid by President Donald Trump's reelection effort, according to a new campaign finance disclosu…
Founder of GM electric truck partner quits amid allegations
FRANKFURT, Germany (AP) — Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud — just two weeks after signing a $2 billion pa…
The Latest: New Zealand to end restrictions except in 1 city
WELLINGTON, New Zealand: All remaining virus restrictions will be lifted across much of New Zealand from late Monday with the exception of the largest city, Auckland, which will continue to have some restrictions …
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.
Trump backs proposed deal to keep TikTok operating in US
NEW YORK (AP) — President Donald Trump said Saturday he's given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company.
Public sector strikes to hit Germany next week over wages
BERLIN (AP) — Public sector workers in Germany will start staging short-term warning strikes after the latest round of wage negotiations failed to produce an agreement, their union said Sunday.
Bank shares slide on report of rampant money laundering
The financial sector was hit hard Monday following a report alleging that a number of banks, JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon among them, have continued to profit f…