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…
Hyundai, Kia recall vehicles for leaks that can cause fires
DETROIT (AP) — Korean automakers Hyundai and Kia are recalling over 600,000 vehicles in the U.S. and Canada to fix a brake fluid leak that could cause engine fires.
US trade deficit surges 18.9% in July to $63.6 billion, highest amount in 12 years
WASHINGTON (AP) — US trade deficit surges 18.9% in July to $63.6 billion, highest amount in 12 years.
Swiss region to take cryptocurrency for tax payments in 2021
GENEVA (AP) — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year.
Jobless claims fall to 881,000 but layoffs remain elevated
WASHINGTON (AP) — The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many busine…
US trade deficit surges in July to highest in 12 years
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
U.S. productivity rises a record 10.1% in second quarter
SILVER SPRING, Md. (AP) — U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years…
Honda, General Motors sign deal to work on vehicles together
DETROIT (AP) — General Motors and Honda are moving toward an alliance in North America to share vehicle development and technology costs as the industry moves toward electric and autonomous vehicles.
EU share of electric cars grew during virus lockdown months
FRANKFURT, Germany (AP) — The market share of electric cars in Europe increased during and immediately after the worst of the pandemic lockdowns, industry figures showed Thursday, even as overall sales of vehicles …
Greece suffers huge output loss but sticks to 2020 forecast
ATHENS, Greece (AP) — Greece has suffered a huge drop in output in the second quarter of the year, plummeting 15.2% on an annual basis, but the government insisted the figures did not worsen the country’s annual ou…
Facebook moves to target misinformation before election
Facebook is trying just two months before the U.S. election to better police political misinformation on its platform, a tacit acknowledgement that the social network is rife with falsehoods that could sway the vot…
UN chief urges Japan, others to meet goals on climate change
The United Nations chief urged Japan and other wealthy nations on Thursday to give up their reliance on coal and other fossil fuels and commit to investments in green energy as they recover from the coronavirus pan…
Tyson Foods to open medical clinics at some meat plants
OMAHA, Neb. (AP) — Tyson Foods is planning to open medical clinics at several of its U.S. plants to improve the health of its workers and better protect them from the coronavirus.
Amazon adds 7,000 more UK jobs as pandemic e-commerce booms
LONDON (AP) — E-commerce giant Amazon is adding 7,000 more permanent jobs in the U.K. by the end of the year, in the latest sign that demand for online shopping and services is booming amid the pandemic.
DP World, Canada fund to invest $4.5 billion in global ports
DUBAI, United Arab Emirates (AP) — International port operator DP World reached a deal Thursday with one of Canada’s biggest pension-fund managers to pour an additional $4.5 billion into their joint venture of port…
The Latest: Kin of UK dementia patients want more visits
LONDON — The families of dementia patients are demanding the British government ease restrictions on visiting care homes during the COVID-19 pandemic, saying they prevent people from getting the love and attention …