Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Renovated low-income housing unveiled in Grant County communities
QUINCY — A new-and-improved Quincy Manor apartment complex was unveiled at a ceremony Tuesday. “Today is not on…
Unemployment falls to 10.2% even as US job growth slowed to 1.8 million in July under pressure from pandemic
WASHINGTON (AP) — Unemployment falls to 10.2% even as US job growth slowed to 1.8 million in July under pressure from pandemic.
Turkish president slams Egypt-Greece deal, drilling resumes
ISTANBUL (AP) — Turkey’s president called a maritime deal between Greece and Egypt “worthless” Friday and said his country would resume its disputed oil and gas exploration in the Eastern Mediterranean.
Huawei: Smartphone chips running out under US sanctions
BEIJING (AP) — Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, i…
Asia Today: Australian state's infections 'relatively flat'
MELBOURNE, Australia (AP) — The coronavirus infection rate in Australia’s hard-hit Victoria state has been “relatively flat” in the past week, a state health official said.
Asia Today: Sources of many cases in Victoria untraceable
MELBOURNE, Australia (AP) — The premier of Australia’s Victoria state says more than 2,700 active cases have no known source and remain the primary concern of health authorities.
Virus aid talks collapse; no help expected for jobless now
WASHINGTON (AP) — A last-ditch effort by Democrats to revive Capitol Hill talks on vital COVID-19 rescue money collapsed in disappointment at week's end, making it increasingly likely that Washington gridlock will …
FAA employees who oversee airplane makers report pressure
Federal employees overseeing Boeing and other aircraft makers say they face pressure from the companies and fear retribution from their own bosses if they raise too many safety concerns, according to a survey of th…
Malaysia's ex-finance minister charged over tunnel project
KUALA LUMPUR, Malaysia (AP) — Malaysia's former finance minister was charged Friday with corruption over a $1.5 billion undersea tunnel project, a move he slammed as political persecution by the new government.
Swiss ink deal with Moderna for 4.5M doses of COVID vaccine
GENEVA (AP) — The Swiss federal government says it has struck a deal with Moderna to supply Switzerland with 4.5 million doses of a COVID-19 vaccine if the U.S. biotech firm successfully develops one.
S&P 500 ekes out 6th straight gain following jobs report
NEW YORK (AP) — Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S.
Turkish lira hits another historic low amid pandemic
LONDON (AP) — Turkey's currency tumbled further Friday, hitting another record low.
Potential Kodak deal paused until 'allegations are cleared'
NEW YORK (AP) — A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at the once mighty photography company are cleared.
Asia Today: Australian state records 466 cases, 12 deaths
MELBOURNE, Australia (AP) — The Australian state of Victoria recorded 466 new cases of COVID-19 and 12 deaths, including another man in his 30s. The figures were released as the city of Melbourne remained in lockdo…
US sanctions leader of Hong Kong, Chinese authorities
WASHINGTON (AP) — The U.S. on Friday imposed sanctions on Hong Kong officials, including the pro-China leader of the government, accusing them of roles in squashing freedom in the former British colony.
S. Korean doctors strike over med school plan amid pandemic
SEOUL, South Korea (AP) — Thousands of young doctors in South Korea staged a one-day strike Friday against government medical policy, causing concerns about treatment of patients amid the coronavirus pandemic.