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…
Major US postal workers union endorses Biden for president
WASHINGTON (AP) — A major union representing U.S. postal workers has endorsed Democrat Joe Biden for president, a move that comes as President Donald Trump has acknowledged starving the postal service of money in o…
Mexico's central bank lowers prime rate to 4.5%
MEXICO CITY (AP) — Mexico’s central bank decided Thursday to lower its prime interest rate by a half-point to 4.5% amid a sharp economic downturn and rising inflation due to the coronavirus pandemic.
The Latest: S Korea fears infections getting out of control
SEOUL, South Korea — New coronavirus cases in South Korea have reached the highest level in five months, and authorities fear infections are getting out of control in the Seoul region, which is home to half the cou…
Miami businessman pleads guilty in Vermont ski fraud case
A Miami businessman accused of being the mastermind behind the largest fraud case in Vermont's history pleaded guilty on Friday over a failed plan to build a biotechnology plant using tens of millions of dollars in…
Mexico's Acapulco hopes for rebound as virus, violence drop
MEXICO CITY (AP) — Mexico’s Pacific coast resort of Acapulco is putting its hopes on a return of tourists as the number of coronavirus cases drops and the violence that drove travelers away slowly declines.
Officials: U.S. seizes Iranian gas heading for Venezuela
MIAMI (AP) — The Trump administration has seized the cargo of four tankers it was targeting for transporting Iranian fuel to Venezuela, U.S. officials said Thursday, as it steps up its campaign of maximum pressure …
Man, 30, becomes 3rd Revel scooter fatality in New York City
NEW YORK (AP) — A 30-year-old man injured in a Revel scooter accident three days
Mazda-Toyota boosts investment in Alabama plant by $830M
HUNTSVILLE, Ala. (AP) — Mazda Toyota Manufacturing, the new joint-venture between the two auto companies, on Thursday announced an additional $830 million investment in its new Alabama plant.
Business Highlights
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Asian shares mixed on weak China data, worries over pandemic
TOKYO (AP) — Asian shares were mixed on Friday as investors studied fresh data out of China showing that its recovery remains subdued.
Michigan plans dedicated road lanes for autonomous vehicles
LANSING, Mich. (AP) — The state of Michigan and some private partners are taking steps toward building or assigning dedicated lanes for automated vehicles on a 40-mile (65-kilometer) stretch of highway between Detr…
Both sides play the blame game as virus relief talks stall
WASHINGTON (AP) — With talks on emergency coronavirus aid having stalled out, both sides played the blame game Thursday rather than make any serious moves to try to break their stalemate. Official Washington is emp…
Widodo pledges health, economic reforms amid virus crisis
JAKARTA, Indonesia (AP) — Indonesia’s president called on all citizens to turn the COVID-19 crisis into an advancement opportunity and pledged health care reforms in an address Friday ahead of the country's 75th an…
New Zealand extends Auckland lockdown as virus cluster grows
WELLINGTON, New Zealand (AP) — New Zealand's government on Friday extended a lockdown of its largest city Auckland for another 12 days as it tries to stamp out its first domestic coronavirus outbreak in more than t…
How major US stock indexes fared Thursday
Energy companies led a pullback on Wall Street Thursday that left stock indexes mostly lower.