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…
United plans to furlough 16,000 workers, fewer than expected
United Airlines said Wednesday it plans to furlough 16,370 employees in October, a smaller number than the airline predicted in July because thousands of workers agreed to leave with the travel industry facing a sl…
Michael Jordan gets stake in DraftKings for advisory role
SILVER SPRING, Md. (AP) — DraftKings had a big bounce on Wall Street Wednesday on news that basketball legend Michael Jordan is taking an ownership stake in the sports betting site.
US stocks head higher, add to market's solid string of gains
Stocks are broadly higher on Wall Street in afternoon trading Wednesday, on track to extend the market's milestone-setting run.
The Latest: Europe CDC: Virus spread slow so far in schools
BRUSSELS -- The head of the European Centre for Disease Prevention and Control says the coronavirus doesn’t seem to be spreading significantly in schools that opened early in Europe.
Ford cutting 1,400 US salaried jobs with retirement offers
DEARBORN, Mich. (AP) — Ford Motor Co. will offer early retirement incentives with hopes of cutting its U.S. white-collar workforce by 1,400 more positions.
Unarmed missile launched from California for system test
VANDENBERG AIR FORCE BASE, Calif. (AP) — An unarmed Minuteman 3 intercontinental ballistic missile was launched early Wednesday from California to a target in the Pacific Ocean in a test of the defense system, the …
The Latest: Britain PM resists calls to extend worker wages
LONDON — British Prime Minister Boris Johnson is resisting calls to extend a government program that has paid the wages of millions of workers laid off during the coronavirus lockdown.
India bans PUBG, 117 other Chinese apps amid border standoff
NEW DELHI (AP) — India on Wednesday banned the widely popular Chinese mobile game PlayerUnknown’s Battlegrounds, known by the acronym PUBG, along with 117 other mobile apps in another move targeting China.
HHS canceling ventilator contracts, says stockpile is full
WASHINGTON (AP) — The Trump administration is canceling some of its remaining orders for ventilators, after rushing to sign nearly $3 billion in emergency contracts as the COVID-19 pandemic surged in the spring.
Probe into waste spilled into Paris river from cement plant
PARIS (AP) — Paris authorities are investigating the spilling of pollutants into the Seine River from a plant run by one of the world's biggest cement makers, LafargeHolcim, officials said Wednesday.
Survey: US companies added just 428,000 jobs last month
WASHINGTON (AP) — U.S. companies added jobs at a modest pace last month, a private survey found, a sign that while hiring continues, it is only soaking up a relatively small proportion of the unemployed.
The Latest: Judge drops suit vs MN governor's virus orders
ST. PAUL -- A Ramsey County judge has dismissed a lawsuit challenging Gov. Tim Walz’s executive orders during the coronavirus pandemic.
Should students gamble on an income share agreement?
Students watching the COVID-19 pandemic play out have reason to be wary of taking on additional loans for college. With what could be a slow economic recovery, signing up for an additional bill that comes each mont…
High Court in London backs Virgin Atlantic's rescue plan
LONDON (AP) — Virgin Atlantic’s 1.2 billion-pound ($1.6 billion) restructuring plan was approved Wednesday by the High Court in London, allowing the international airline to continue rebuilding its operations after…
Australian barley exporter challenges Chinese ban
CANBERRA, Australia (AP) — A major Australian barley exporter barred from China in the latest trade dispute to hit bilateral relations said on Wednesday the Chinese are only now acting on grain shipments dating bac…