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…
The Latest: WHO scientist: Trial suspension a 'wake-up call'
LONDON — The World Health Organization’s chief scientist says the agency isn’t overly worried about the pause in the clinical trials for a coronavirus vaccine developed by Oxford University and AstraZeneca.
EU force intercepts tanker with jet fuel headed to Libya
ROME (AP) — The European Union maritime force enforcing the U.N. arms embargo on Libya said Thursday it intercepted and redirected a tanker headed for Libya after determining it was carrying jet fuel in possible vi…
Twitter to label or remove misleading claims on vote results
OAKLAND, Calif. (AP) — Twitter said Thursday that starting next week it will label or remove misleading claims that try to undermine public confidence in elections.
EU demands UK drop a planned law that breaches Brexit deal
LONDON (AP) — Instead of closing in on a future trade deal, the European Union and Britain entered a bitter fight Thursday over a planned British law that the EU says would constitute a serious violation of the Bre…
US will end current health screening of some travelers
WASHINGTON (AP) — The United States plans to end enhanced health screening of travelers from certain countries next week, and those visitors will no longer be funneled through 15 large U.S. airports.
US long-term mortgage rates fall; 30-year at 2.86%
WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week amid signs that the halting economic recovery slowed over the summer. The key 30-year mortgage again marked an all-time low.
EU calls planned UK law a serious violation of Brexit deal
LONDON (AP) — Instead of closing in on a future trade deal, the European Union and Britain entered a bitter fight Thursday over a planned British law that the EU says would constitute a serious violation of the Bre…
Germany: Nationwide warning test fails in some places
BERLIN (AP) — People in Germany braced themselves for shrieking sirens Thursday morning but instead got deafening silence in many places as the first test of the nationwide warning system in 30 years proved widely …
European Central Bank's stimulus program to keep on rolling
FRANKFURT, Germany (AP) — With almost a trillion euros still in the pipeline, the European Central Bank said Thursday that its emergency support program for the economy will run into next year, joining the Federal …
Jane Fraser to become Citi CEO; 1st woman to lead major bank
NEW YORK (AP) — Citigroup's Jane Fraser will become the first woman to ever lead a Wall Street bank when she succeeds CEO Michael Corbat in February.
Singapore Airlines to cut 4,300 jobs due to pandemic
SINGAPORE (AP) — Singapore Airlines Group said Thursday it will eliminate 4,300 jobs due to the “long road to recovery" for the global aviation industry battered by the coronavirus pandemic.
EPL denies Newcastle's claim Saudi-led takeover was rejected
LONDON (AP) — The English Premier League has contested Newcastle’s assertion that a Saudi-led takeover of the club had been rejected, saying on Thursday it could still proceed if further information on the proposed…
Stocks claw back more lost ground as tech rallies again
NEW YORK (AP) — U.S. stocks are rising for a second day in early trading Thursday, as Wall Street recoups some more of its losses following a week of sudden, jarring shifts.
Citi picks Jane Fraser as next CEO, first woman in that role
NEW YORK (AP) — Citigroup announced that Jane Fraser would succeed Michael Corbat as the bank's next chief executive, making Fraser the first woman to ever lead a Wall Street bank.
UK's 'Moonshot' mass virus test plan met with skepticism
LONDON (AP) — Health experts on Thursday expressed strong skepticism about the British government’s ambitious plans to carry out millions of coronavirus tests daily in a bid to help people resume normal lives in th…