Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
After lengthy discussion, Royal City food truck ordinance approved
ROYAL CITY — After more than a year of discussion, Royal City has a revised ordinance governing food trucks. “T…
EU regulators wrangle over Twitter data privacy penalty
LONDON (AP) — European Union privacy regulators are wrangling over the penalty Ireland's data privacy watchdog was set to issue Twitter for a data breach, pushing back the case's long awaited conclusion under the b…
US long-term mortgage rates rise; 30-year at 2.99%
WASHINGTON (AP) — U.S. average rates on long-term mortgages rose this week though they remain at historically low levels. The key 30-year loan nudged toward 3%.
Judge allows ex-Ohio House speaker more time to find lawyer
COLUMBUS, Ohio (AP) — The former speaker of the Ohio House can take more time to find a permanent lawyer to defend him against a charge related to an alleged $60 million bribery scheme, a federal judge ruled Thursd…
Spring in their step: Wall St. bullish as 2Q profits plunge
NEW YORK (AP) — Earnings for big U.S. companies were historically bad last quarter — and yet still much better than expected.
Farmer found guilty of contaminating baby food for blackmail
LONDON (AP) — A sheep farmer in Britain has been found guilty of planting baby food laced with metal shards in stores as part of a plan to blackmail a supermarket chain.
China, US say talks on implementing trade pact coming soon
BEIJING (AP) — Chinese and U.S. trade envoys will hold a meeting by phone “in the near future” to discuss an agreement aimed at resolving a tariff war, a Commerce Ministry spokesman said Thursday.
Pandemic pushes expansion of 'hospital-at-home' treatment
As hospitals care for people with COVID-19 and try to keep others from catching the virus, more patients are opting to be treated where they feel safest: at home.
Young activists meet Merkel, press case for climate action
BERLIN (AP) — Young activists, including Swedish teenager Greta Thunberg, held talks Thursday with German Chancellor Angela Merkel to press their demands for tougher action on curbing climate change and to get thei…
North Korea's leader acknowledges economic shortfalls
SEOUL, South Korea (AP) — With unusual candor, North Korean leader Kim Jong Un acknowledged his plans to improve the country’s dismal economy aren't succeeding as his ruling party scheduled a rare congress in Janua…
US jobless claims jump back above 1 million in face of virus
WASHINGTON (AP) — The number of laid-off workers seeking U.S. unemployment benefits rose to 1.1 million last week after two weeks of declines, evidence that many employers are still slashing jobs as the coronavirus…
Chinese electric car brand NIO looks at expansion abroad
BEIJING (AP) — Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compete with rival Tesla, the company’s chairman sa…
Airbnb bans house parties worldwide, citing virus mandates
Airbnb is banning house parties worldwide as it tries to clean up its reputation and comply with coronavirus-related limits on gatherings.
Belarus' prosecutors open probe against opposition activists
MINSK, Belarus (AP) — Prosecutors in Belarus opened a criminal investigation Thursday against opposition activists who set up a council to negotiate a democratic transition of power amid massive protests against of…
American Airlines will drop flights to 15 cities in October
American Airlines will drop flights to 15 smaller U.S. cities in October when a federal requirement to serve those communities ends.
The Latest: WHO seeks more information about Russia vaccine
LONDON — The World Health Organization’s Europe office says it has begun discussions with Russia to try to get more information about the coronavirus vaccine that Russia approved last week before the shot had passe…