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…
Billionaire hedge fund manager Cohen agrees to buy Mets
NEW YORK (AP) — Billionaire hedge fund manager Steve Cohen has agreed to buy the New York Mets from the Wilpon and Katz families.
Man who twice sold Trump-Maples ring pleads in diamond scam
DETROIT (AP) — A suburban Detroit jewelry buyer, auctioneer and appraiser who twice auctioned an engagement ring presented by Donald Trump to second wife Marla Maples has pleaded guilty to wire fraud in a multi-mil…
2 charges dismissed in trial over plant fire during Harvey
HOUSTON (AP) — A judge on Monday dismissed two of the charges a chemical manufacturer and one of its former executives were facing during an ongoing trial over a fire at the company’s suburban Houston plant during …
Oracle and TikTok struck a deal. What it is, none will say
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
Delta latest airline to raise funds through loyalty program
NEW YORK (AP) — Delta Air Lines will use its frequent flyer program to back up $6.5 billion in funding as the pandemic continues to buffet air travel.
Walmart to test drone delivery with Zipline in latest deal
NEW YORK (AP) — Walmart is teaming up with a company called Zipline to launch drone delivery program early next year that will deliver health and wellness products close to the retailer's headquarters in Northwest …
Daimler AG to pay $1.5B to settle emissions cheating probes
WASHINGTON (AP) — Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials sa…
Indonesia's capital under virus order, hospitals nearly full
JAKARTA, Indonesia (AP) — Main streets were less crowded as Indonesia’s capital began two weeks of social restrictions Monday to curb a rise of coronavirus infections that has pushed its critical-care hospital capa…
Asian markets mixed after Wall Street rises on dealmaking
Asian stocks were mixed Tuesday after Wall Street rose on a flurry of corporate deals and China's economic activity improved.
The Latest: S. Korea eases restrictions as virus cases drop
SEOUL, South Korea — South Korea has reported its lowest daily virus tally in about a month as it began easing its tough social distancing rules in the greater Seoul area.
Nvidia to buy UK's Arm, sparking fears of chip dominance
LONDON (AP) — U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to $40 billion, in a move that would create a global powerhouse in the industry.
Europe tests gateway for tracing apps to work across borders
BERLIN (AP) —
The Latest: India reports lowest coronavirus jump in a week
NEW DELHI — India has reported its lowest daily jump in new coronavirus infections in a week, logging another 83,809 infections in the past 24 hours.
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…
Man who twice sold Trump-Maples ring pleads in diamond scam
DETROIT (AP) — A suburban Detroit jewelry buyer, auctioneer and appraiser who twice auctioned an engagement ring presented by Donald Trump to second wife Marla Maples has pleaded guilty to wire fraud in a multi-mil…