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…
N.C. political donor gets 7 years in prison, Hayes probation
CHARLOTTE, N.C. (AP) — A major political donor convicted of attempting to bribe a North Carolina elected official to secure preferential regulatory treatment for his insurance business was sentenced Wednesday to mo…
The Latest: Georgia gov rejects panel's pandemic criticism
ATLANTA — Georgia’s governor is defending his administration’s handling of the coronavirus pandemic after a report from the White House coronavirus task force said Georgia led the nation last week in new cases per …
Q&A: California's new electricity-blackout challenge
BERKELEY, Calif. (AP) — As if the pandemic and economic recession weren't bad enough, millions of Californians now face recurring threats of abrupt blackouts during a heat wave in the nation's most populous state.
Airbnb files preliminary paperwork for public stock offering
Airbnb on Wednesday filed preliminary paperwork for selling stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing business.
Apple reaches $2 trillion market value as tech fortunes soar
BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like …
How major US stock indexes fared Wednesday
Stocks closed broadly lower on Wall Street Wednesday, handing the S&P 500 a loss a day after it closed at a record high.
The Latest: Louisiana lawmakers, Edwards clash over election
BATON ROUGE, La. — Louisiana lawmakers are plowing ahead with a contested emergency plan to run the state’s fall elections during the pandemic despite Gov. John Bel Edwards’ intention to jettison the plan if it rea…
S&P 500 takes a step back after setting record; yields rise
NEW YORK (AP) — The S&P 500 pulled back from its newly set record on Wednesday after a meandering day of trading took a late turn lower.
Target, Momenta Pharmaceuticals rise; BioMarin, TJX fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
The Latest: France records 3,700 new cases of coronavirus
PARIS — France recorded more than 3,700 new cases of coronavirus in the last 24 hours.
Facebook bans some, but not all, QAnon groups and accounts
OAKLAND, Calif. (AP) — Facebook said it will restrict the right-wing conspiracy movement QAnon and will no longer recommend that users join groups supporting it, although the company isn't banning it outright.
Pelosi says postmaster has no plans to restore mail cuts
WASHINGTON (AP) — The Postal Service faced more questions and a federal lawsuit Wednesday over mail disruptions,
Fed officials worried about withdrawal of government support
WASHINGTON (AP) — U.S. consumers lifted their spending in May and June but businesses remained cautious because of the tremendous uncertainty surrounding the economic outlook, Federal Reserve officials said at a po…
Weather Channel app to change practices after LA lawsuit
LOS ANGELES (AP) — The operator of The Weather Channel mobile app has agreed to change how it informs users about its location-tracking practices and sale of personal data as part of a settlement with the Los Angel…
Trump lashes out at Goodyear about its policy on `MAGA' wear
WASHINGTON (AP) — President Donald Trump on Wednesday urged people to boycott tires from Goodyear Tire and Rubber Co., tweeting that the Ohio-based company had “announced a BAN ON MAGA HATS.”