Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Ephrata council considers park and transportation fees for new developments
EPHRATA — The Ephrata City Council continued discussions Wednesday on whether to adopt new park and transportation…
Top EU official proposes new 2030 target to reduce emissions
BRUSSELS (AP) — The European Union's top official proposed a more ambitious target Wednesday for cutting greenhouse gas emissions in Europe, setting a reduction goal of at least 55% by 2030 compared to the current …
UK to ration COVID-19 testing amid testing failures
LONDON (AP) — U.K. lawmakers criticized the government's handling of the COVID-19 testing crisis for a second day Wednesday, as opposition leaders claimed Prime Minister Boris Johnson lacked a cohesive plan to tack…
Retail sales rise for 4th straight month as growth slows
NEW YORK (AP) — Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600 a week boost in their unemployment checks.
New companies face tough task overcoming pandemic, recession
NEW YORK (AP) — Julie Campbell had to rethink her new wallpaper business before she could sell her first sheet.
Asian stocks retreat on lack of new Fed action
Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans.
Trump not ready to OK TikTok deal, admits US won't get cut
WASHINGTON (AP) — President Donald Trump said he expects to get a report Thursday about
Attorney Alan Dershowitz sues CNN over impeachment quote
FORT LAUDERDALE, Fla. (AP) — Attorney Alan Dershowitz is suing CNN for $300 million, alleging it slandered and libeled him through its editing of a comment he made to the Senate while defending President Donald Tru…
Asian stocks retreat on lack of new Fed action
Asian stock markets tumbled Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans.
Trump not ready to OK TikTok deal, admits US won't get cut
WASHINGTON (AP) — President Donald Trump said he expects to get a report Thursday about
The Latest: Trump disagrees with CDC head about mask use
WASHINGTON — President Donald Trump says he disagrees with the head of the Centers for Disease Control and Prevention telling lawmakers that wearing a mask is guaranteed to protect people more from the novel corona…
Fed sees rates near zero through 2023, perhaps longer
WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers
Raytheon doubles job cuts to 15,000, citing airline downturn
WALTHAM, Mass. (AP) — Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year at its corporate offices, jet engine-maker Pratt & Whitney and aviation and military equipment manufacturer Colli…
Sony's new $500 PlayStation 5 will launch Nov. 12
Sony's upcoming PlayStation 5 video game console will cost $500 and launch Nov. 12, the company said Wednesday, setting up a holiday battle with Microsoft's Xbox Series X over whose new console will turn up under m…
US stocks close lower after Fed rate decision
Stocks closed lower on Wall Street Wednesday after a rally following the Federal Reserve's latest interest rate policy update faded in the final hour of trading.
How major US stock indexes fared Wednesday
Stocks closed lower on Wall Street Wednesday after a brief rally faded in the last hour of trading. Losses by technology companies outweighed gains in banks and elsewhere in the market.