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…
India’s economy contracts by 24%, worst in at least 24 years
NEW DELHI (AP) — India’s economy contracted by 23.9% in the April-June quarter, its worst performance in at least 24 years, the government announced Monday, as the coronavirus pandemic ravaged what was once the wor…
France accuses UK of stalling in post-Brexit trade talks
PARIS (AP) — On the cusp of a crucial month of negotiations on a post-Brexit trade deal between the European Union and the United Kingdom, France has lambasted the government of Prime Minister Boris Johnson for wha…
Chinese-born Australian CCTV journalist detained in China
CANBERRA, Australia (AP) — A Chinese-born Australian journalist working for Chinese state television has been detained by authorities in China, Australia's government says.
Argentina says it reaches deal to avoid debt default
BUENOS AIRES, Argentina (AP) — Argentina said Monday that private creditors have “massively” accepted an offer to restructure $65 billion in debt, allowing it to avoid another default and messy legal battle in inte…
Asian stocks fall back after Wall Street advances to record
BEIJING (AP) — Asian stock markets gave up early gains Monday after Wall Street turned in its fifth straight weekly gain and China’s manufacturing growth held steady.
UN labor body: Qatar 'dismantles' kafala employment system
DUBAI, United Arab Emirates (AP) — New labor rules in the energy-rich nation of Qatar “effectively dismantles” the country's long-criticized “kafala” employment system, a U.N. labor body said Sunday.
SC utility, Westinghouse agree to sell nuclear equipment
MONCKS CORNER, S.C. (AP) — South Carolina's state-owned utility has reached a settlement with the now bankrupt company hired to build two nuclear plants that were never completed to sell leftover equipment and supp…
Mitsubishi Motors executive behind Nissan alliance dies
TOKYO (AP) — Former Mitsubishi Motors Chief Executive Osamu Masuko, who engineered the Japanese automaker’s alliance with Nissan, has died. He was 71.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose 15 cents to $42.76 a barrel Tuesday. Brent crude oil for November delivery rose 30 cents to $45.58 a barrel.
Survey: China manufacturing logs feeble growth in August
BEIJING (AP) — China’s manufacturing activity held steady in August as domestic demand helped to offset weaker orders from exports markets that are struggling with the coronavirus pandemic, a survey showed Monday.
This Week: Earnings from Zoom, Macy's and Toro
A look at some of the key business events and economic indicators upcoming this week:
Hong Kong begins mass testing for virus amid public doubts
HONG KONG (AP) — Hong Kong tested more than 120,000 people for the coronavirus Tuesday at the start of a mass-testing effort that's become another political flash point in the semi-autonomous Chinese territory.
Huawei ends sports sponsor deal over Australia 'trade war'
CANBERRA, Australia (AP) — Chinese telecom giant Huawei is ending its oldest major sporting sponsorship deal, saying Monday it was breaking its contract with an Australian rugby league team after nine years because…
Facebook threatens to block news distribution in Australia
SAN FRANCISCO (AP) — Facebook threatened to
How major US stock indexes fared Monday
Stocks closed mostly lower on Wall Street Monday as the market gave back some of its recent gains following a five-week winning streak.