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…
India's Health Ministry says coronavirus cases in the country have surpassed 5 million and 82,066 people have died
NEW DELHI (AP) — India's Health Ministry says coronavirus cases in the country have surpassed 5 million and 82,066 people have died.
Foreman: No problems loading cars onto ship that overturned
BRUNSWICK, Ga. (AP) — A foreman who oversees dock workers at Georgia's busy shipping terminal for automobiles said Tuesday he saw no problems as hundreds of cars and trucks were loaded onto the cargo ship Golden Ra…
Google exec on hot seat in Congress over advertising power
WASHINGTON (AP) — A Senate panel put a top Google executive on the defensive Tuesday over the company’s powerful position in online advertising as some lawmakers look hopefully toward an expected antitrust case aga…
Some JPMorgan traders catch COVID as bank reopens offices
NEW YORK (AP) — A number of JPMorgan Chase traders have been sent home after employees tested positive for COVID-19, less than a week into the bank's push to start bringing its workers physically back into the offi…
Japan's new PM Yoshihide Suga, self-made and strong-willed
TOKYO (AP) — Before he got Japan's top government job, Yoshihide Suga was known as a “shadow" prime minister and the right-hand man for his long-serving predecessor.
Asian shares mostly higher after Wall Street gains
Shares were mostly higher in Asia on Wednesday after advances for big technology companies carried Wall Street to further gains overnight.
FedEx's profit jumps as residential deliveries soar
NEW YORK (AP) — FedEx's profit jumped 67% in its latest quarter, as online shopping soared among customers avoiding stores and shipments between businesses improved.
Backup driver in fatal Arizona Uber autonomous crash charged
PHOENIX (AP) — The backup Uber driver involved in the first self-driving vehicle fatality has been charged with negligent homicide for being distracted in the moments before fatally striking a woman in suburban Pho…
FedEx's profit jumps as business deliveries improved
NEW YORK (AP) — FedEx's profit jumped 67% in its latest quarter, as online shopping remained popular among customers avoiding stores and shipments between businesses improved.
Top GOP senator says Fed nominee Judy Shelton short on votes
WASHINGTON (AP) — A top Senate Republican on Tuesday said conservative economist Judy Shelton does not have the votes to be confirmed to one of two vacancies on the Federal Reserve board.
Arizona prosecutors charge Uber backup driver with negligent homicide in first autonomous vehicle fatality
PHOENIX (AP) — Arizona prosecutors charge Uber backup driver with negligent homicide in first autonomous vehicle fatality.
Kohl's to cut 15% of office jobs due to virus-related slump
NEW YORK (AP) — Kohl's, whose sales have been hurt by the pandemic, said Tuesday that it will cut 15% of its office workers to save money.
How major US stock indexes fared Tuesday
Wall Street gave up some of an early gain but still closed higher Tuesday. Good showings for big technology companies outweighed losses in banks and elsewhere in the market.
Struggling Kraft Heinz sells dairy brands to Lactalis
Kraft Heinz said Tuesday that it is selling its natural cheese business — including its Cracker Barrel and Breakstone’s brands — to French dairy company Lactalis Group as part of a larger restructuring.
Kraft, Fiat rise; Carnival, Charles Schwab fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: