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…
With loan money gone, restaurants are at mercy of virus
NEW YORK (AP) — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets.
Trump, GOP soften on opposition to $600 jobless benefit
WASHINGTON (AP) — The White House and its GOP allies appear to be retreating from their opposition to a $600-per-week supplemental unemployment benefit that has propped up the economy and family budgets but is expi…
Negotiators report progress in coronavirus relief talks
WASHINGTON (AP) — Lawmakers reported progress on a huge coronavirus relief bill Saturday, as political pressure mounts to restore an expired $600-per-week supplemental unemployment benefit and send funding to help …
Florida teen arrested as mastermind of Twitter hack
MIAMI (AP) — A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people a…
Trump says he'll act to ban TikTok in US as soon as Saturday
NEW YORK (AP) — President Donald Trump said he will take action as soon as Saturday to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns.
Tech giants lead gains as S&P 500 closes 4th winning month
NEW YORK (AP) — Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month.
Deadline extended for tribes to seek broadband licenses
FLAGSTAFF, Ariz. (AP) — The Federal Communications Commission is giving tribes another month to apply for a band of wireless spectrum that would help them establish or expand internet access on their land — far les…
Samsung, Apple to boost cellphone manufacturing in India
NEW DELHI (AP) — Three contract manufacturers for Apple iPhones and South Korea’s Samsung have applied for large-scale electronics manufacturing rights in India under a $6.5 billion incentive scheme announced by th…
HSBC reports its net profit plummeted 96% in April-June from a year earlier as the pandemic took hold
LONDON (AP) — HSBC reports its net profit plummeted 96% in April-June from a year earlier as the pandemic took hold.
How major US stock indexes fared Friday
Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month.
This Week: Walt Disney, CVS, Uber results
A look at some of the key business events and economic indicators upcoming this week:
Asia Today: Australia's Victoria state imposes curfew
MELBOURNE, Australia (AP) — The premier of Australia’s hard-hit Victoria state has declared a disaster among sweeping new coronavirus restrictions across Melbourne and elsewhere from Sunday night.
Health officials link US salmonella outbreak to red onions
Federal health officials say an outbreak of salmonella infecting nearly 400 people in more than 30 states has been linked to red onions, and identified a California company as the likely source.
SpaceX capsule and NASA crew make 1st splashdown in 45 years
CAPE CANAVERAL, Fla. (AP) — Two NASA astronauts returned to Earth on Sunday in a dramatic, retro-style splashdown, their capsule parachuting into the Gulf of Mexico to close out an unprecedented test flight by Elon…
Spirit Airlines warns of layoffs, ExpressJet's fate in doubt
Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to h…