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…
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.
Newcastle accuses EPL of inappropriately rejecting Saudi bid
Newcastle has accused the Premier League's leadership of acting inappropriately in rejecting a takeover bid involving a Saudi Arabian sovereign wealth fund and said it would be considering “all relevant options ava…
Trial to resume in lawsuit against governor's coal companies
DOVER, Del. (AP) — A virtual trial pitting billionaire coal magnate and West Virginia Gov. Jim Justice and two of his family-owned coal companies against a Pennsylvania coal exporter is set to resume in Delaware ne…
Former VW boss Winterkorn must stand trial in diesel scandal
FRANKFURT, Germany (AP) — A German court has ruled former Volkswagen CEO Martin Winterkorn must stand trial on fraud charges in connection with the company's diesel emission scandal in which it sold cars with softw…
Farmers, troops skirmish over water in northern Mexico
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Wednesday he would ask the Attorney General’s Office to investigate a clash between hundreds of farmers and National Guard troops at a dam in th…
Russia urges Germany to share data about Navalny
MOSCOW (AP) — Russia's Foreign Ministry has summoned the German ambassador to hand him a strongly-worded protest over what it described as Berlin's unfounded accusations of Moscow's involvement in the poisoning of …