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…
No virus aid before election? Pessimism before Senate vote
WASHINGTON (AP) — Top Republican senators made pessimistic predictions Wednesday about securing a bipartisan coronavirus relief package before the
Australian prime minister criticizes TikTok suicide video
CANBERRA, Australia (AP) — Australian regulators have ruled out prosecuting TikTok over an apparent suicide video under tough new laws prohibiting some forms of violent online images, but the prime minister urged s…
UPS says it plans to hire more than 100,000 holiday workers
United Parcel Service said Wednesday it plans to hire more than 100,000 extra workers to help handle an increase in packages during the holiday season.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery fell 75 cents to $37.30 a barrel Thursday. Brent crude oil for November delivery dropped 73 cents to $40.06 a barrel.
U.S. job posting rise to 6.6 million in July
WASHINGTON (AP) — U.S. employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak.
State watchdog seeks probe of utility tied to bribery scheme
CLEVELAND (AP) — Ohio's consumer watchdog has asked a regulatory agency to conduct an independent investigation of the state's largest electric utility, FirstEnergy Corp., that federal authorities have tied to a $6…
Trade deal at risk as EU says UK must honor Brexit agreement
LONDON (AP) — Prospects of a trade deal between Britain and the European Union appeared to dim Wednesday, with the EU saying that even the smallest U.K. breach of the Brexit withdrawal treaty would undermine what l…
Mall owners close to buying JC Penney out of bankruptcy
NEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running.
Repair to well off Texas coast taking longer than expected
CORPUS CHRISTI, Texas (AP) — Repairs to a natural gas well off the Texas coast that started leaking last week will take longer than expected, officials said.
Marriott to lay off 17% of corporate staff next month
Marriott International Inc. plans to lay off 17% of its corporate workforce next month as the coronavirus continues to take a heavy toll on the hotel industry.
Luxury goods giant LVMH cancels $14.5B deal for Tiffany
NEW YORK (AP) — Luxury goods giant LVMH is ending its takeover deal of jewelry retailer Tiffany & Co., saying the French government had requested a delay to assess the threat of proposed U.S. tariffs.
ASEAN talks tackle pandemic, sea feud amid US-China rivalry
HANOI, Vietnam (AP) — Southeast Asia’s top diplomats held their annual talks by video Wednesday to discuss the immense crisis wrought by the coronavirus pandemic and rising tensions in the South China Sea amid the …
New fire extinguished on large oil tanker off Sri Lanka
COLOMBO, Sri Lanka (AP) — A new fire on a large oil tanker drifting off Sri Lanka’s coast was extinguished on Wednesday after burning for two days, the navy said, as experts prepared to salvage the vessel.
Asia Today: India adds another 89K cases, to reopen schools
NEW DELHI (AP) — India added another 89,706 coronavirus cases to the second-highest tally in the world, and the government said schools would reopen later this month for senior students after being closed for more …
How major stock indexes fared Wednesday
Stocks closed broadly higher on Wall Street Wednesday as the market snapped back from its recent tumble.