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…
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.
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 …
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.
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.
Stocks perk up on Wall Street as tech bloodletting halts
NEW YORK (AP) — Wall Street is steadying itself Wednesday following its first three-day losing streak in nearly three months, as the bloodletting for big technology stocks comes to at least a temporary halt.
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 most minor U.K. breach of the Brexit withdrawal treaty would undermine what…
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…
Strong start for stocks on Wall Street a day after sell-off
NEW YORK (AP) — Stocks are off to good start on Wall Street, a day after more steep drops in big technology companies pulled indexes sharply lower. Some of those tech giants were climbing early Wednesday, including…
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.
The Latest: United Arab Emirates has 883 new virus cases
DUBAI, United Arab Emirates —The United Arab Emirates has recorded 883 new coronavirus cases, the country’s biggest daily jump since late May.
EU says Britain must respect Brexit deal down to the letter
BRUSSELS (AP) — The European Union is warning Britain that any breach, even the most minor detail, of the withdrawal treaty both sides signed, would break international law and undermine the little trust that is le…
4 home insurance pitfalls to avoid during hurricane season
For homeowners in coastal states, the 2020 hurricane season could mean financial disaster. Named storms are rolling in at a record pace, with as many as 25 expected in the Atlantic this season — twice the average n…
Latest fire extinguished on oil tanker off Sri Lanka
COLOMBO, Sri Lanka (AP) — A fresh 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.
Chinese police deny use of force, detention of US reporter
BEIJING (AP) — Local authorities in China's Inner Mongolia region have denied they used force or detained an American reporter when she was questioned at a police station last week.
Nobel laureate warns arrests won't stop Belarus protests
KYIV, Ukraine (AP) — Belarusian authorities on Wednesday detained one of the two last leading members of an opposition council who remained free, moving methodically to end a month of protests against authoritarian…