Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin hospitals honored by state association
MOSES LAKE — Four local hospitals were awarded the Achievement of Quality Excellence by the Washington State Hospi…
OPEC cuts oil demand forecasts, BP sees 'peak oil' in 2020s
LONDON (AP) — Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday as it cut its forecasts.
China warns US over US-Taiwan economic talks
TAIPEI, Taiwan (AP) — China warned the United States on Monday of potential “serious damage” to their relations if it does not withdraw from an upcoming economic meeting with Taiwan that is expected to be attended …
UK's Johnson defends planned law, says EU 'unreasonable'
LONDON (AP) — British Prime Minister Boris Johnson on Monday defended his plan to unilaterally rewrite Britain’s divorce deal with the European Union as an insurance policy against the bloc's unreasonable behavior …
This Week: FedEx earns, Fed policy statement, housing starts
A look at some of the key business events and economic indicators upcoming this week:
NY Sports Club latest chain to seek bankruptcy protection
The company that runs New York Sports Club and Lucille Roberts gyms filed for bankruptcy protection with COVID-19, still prevalent in many parts of the U.S., gutting membership rolls at fitness companies nationwide…
Security company GardaWorld reveals it's trying to buy G4S
LONDON (AP) — GardaWorld, the world’s largest privately owned security company, said Monday it was making a 3 billion-pound ($3.9 billion) offer for G4S, saying its London-based rival has rejected or ignored three …
New Jersey sets US sports betting monthly record at $668M
ATLANTIC CITY, N.J. (AP) — New Jersey gamblers set a nationwide record for the most money bet on sports in a single month, plunking down almost $668 million in August on events including resurgent baseball, basketb…
India's Modi faces turbulent session as Parliament reopens
NEW DELHI (AP) — After a five-month absence, Indian lawmakers returned to Parliament on Monday with the government's response to the coronavirus pandemic, the nosediving economy and simmering tensions with China se…
Federal Reserve to meet after sharp changes to its outlook
WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero…
Asia Today: India adds over 83,000 cases, nears 5 million
NEW DELHI (AP) — India confirmed more than 83,000 new coronavirus cases on Tuesday, bringing its total caseload to nearly 5 million.
Chick-fil-A: No longer seeking lease at San Antonio airport
AUSTIN, Texas (AP) — Chick-fil-A said Monday that it no longer plans to open a restaurant in the San Antonio airport, even though the Texas city relented after more than a year of legal wrangling that began when so…
William Hill becomes official ESPN odds supplier
LAS VEGAS (AP) — The William Hill betting chain will become the official odds supplier for ESPN across all its platforms in a deal announced Monday that expands the bookmaker's reach online and on air.
Alarms, shouts recorded before ship overturned off Georgia
SAVANNAH, Ga. (AP) — Sailors shouted above blaring alarms and other loud noises for several minutes as the cargo ship Golden Ray listed to one side and finally overturned a year ago along the coast of Georgia, acco…
Thai court allows Thai Airways to file for reorganization
BANGKOK (AP) — Thailand’s Central Bankruptcy Court on Monday gave the go-ahead to financially ailing Thai Airways International to submit a business reorganization plan and appointed seven planners to oversee it.
How major US stock indexes fared Monday
Wall Street ended solidly higher Monday following a burst of big corporate deals.