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…
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:
Stocks give up part of an early gain but still end higher
Stocks overcame a late-afternoon burst of selling and closed higher Tuesday, as gains in big technology companies outweighed losses in banks and elsewhere in the market.
The Latest: Missouri students expelled over virus violations
COLUMBIA, Mo. — With more than 1,300 of its students infected with the coronavirus, the University of Missouri in Columbia has expelled two students and suspended three others for violating rules meant to slow the …
Experts worry as US virus restrictions are eased or violated
PROVIDENCE, R.I. (AP) — State and local officials around the U.S. are rolling back social-distancing rules again after an abortive effort over the summer, allowing bars, restaurants and gyms to open. Fans are gathe…
US drops tax on Canada aluminum, heading off retaliation
WASHINGTON (AP) — The Trump administration said Tuesday that it is dropping taxes on Canadian aluminum, easing tensions with a close ally just hours before Canada was prepared to impose retaliatory sanctions.
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…