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…
How major US stock indexes fared Thursday
Stocks closed higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high.
Humira maker to settle California lawsuit for $24 million
OAKLAND, Calif. (AP) — The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated an insurance fraud law, the state Department of Insurance announced Thursday.
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.
Capital One fined $80 million in data breach
WASHINGTON (AP) — The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank’s credi…
Uber lost $1.8B in 2Q as riders stayed home and ordered in
NEW YORK (AP) — Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus.
July US jobs report is expected to point to hiring slowdown
WASHINGTON (AP) — Just how severely has the resurgence of the coronavirus pummeled the U.S. economy? The jobs report for July being released Friday will provide the clearest answer yet.
Virus talks on brink of collapse, sides still 'far apart'
WASHINGTON (AP) — Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol Thursday night generated a wave of recriminations but little progress…
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.
Herman Cain to be mourned at private funeral in Atlanta
ATLANTA (AP) — Herman Cain, the former Republican presidential candidate, businessman and close ally of President Donald Trump, will be mourned at a private funeral in Atlanta on Friday.
US rescinds global 'do not travel' coronavirus warning
NEW YORK (AP) — The Trump administration on Thursday rescinded its warnings to Americans against all international travel because of the coronavirus pandemic, saying conditions no longer warrant a blanket worldwide…
California, cities battle over marijuana home-delivery rule
FRESNO, Calif. (AP) — California faced off in court Thursday against some of its own cities that want to overturn a government rule allowing home marijuana deliveries statewide, even into communities that banned co…
UN reports sharp increase in cybercrime during pandemic
UNITED NATIONS (AP) — A 350% increase in phishing websites was reported in the first quarter of the year, many targeting hospitals and health care systems and hindering their work responding to the COVID-19 pandemi…
OraSure, Becton, Dickinson fall; Bausch, Vista Outdoor rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
TVA rescinds decision to outsource technology jobs
NASHVILLE, Tenn. (AP) — Just days after President Donald Trump criticized the Tennessee Valley Authority for hiring foreign workers, the federally owned energy corporation announced Thursday it was rescinding a dec…
Asia Today: Central Japan region put under virus emergency
TOKYO (AP) — A governor in central Japan announced a state of emergency Thursday because of rising virus cases and asked businesses and people to curb activities, especially during an upcoming holiday.