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…
Plug it in: Electric car charging station numbers are rising
DETROIT (AP) — When the electric car revolution arrives, will there be enough places to plug in?
Ransomware feared as possible saboteur for November election
WASHINGTON (AP) — Federal authorities say one of the gravest threats to the November election is a well-timed ransomware attack that could paralyze voting operations. The threat isn't just from foreign governments,…
HSBC says net profit plunged 96% in 2Q as pandemic took hold
LONDON (AP) — Europe’s biggest bank, HSBC, said Monday that its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic tool ho…
Airlines, unions pin hopes for more payroll cash on politics
With tens of thousands of airline workers facing layoffs this fall, labor groups are pushing Congress for more federal money to keep them on the payroll until next spring.
States eager to expand broadband, wary of CARES Act deadline
Fearful of losing federal pandemic dollars, officials from states across the country are rushing to finish projects by the end of the year aimed at expanding broadband internet into underserved areas.
Oil giants lost billions as pandemic crushed demand for fuel
NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminishe…
Trader Joe's says no to changing ethnic-sounding label names
LOS ANGELES (AP) — Trader Joe's, which said earlier this month it was moving to change the names of some of its products after an online petition denounced them as racist, now says it will stick with labels like Tr…
The Latest: Philippine capital going back under lockdown
MANILA, Philippines — President Rodrigo Duterte is reimposing a moderate lockdown in the Philippine capital and outlying provinces after medical groups appealed for the move as coronavirus infections surge alarming…
This Week: Walt Disney, CVS, Uber results
A look at some of the key business events and economic indicators upcoming this week:
The Latest: China's Xinjiang region has 28 new cases
BEIJING — Numbers of new COVID-19 cases in China’s far northwestern region of Xinjiang are continuing to fall, with 28 reported on Monday. China reported 43 new cases nationwide, seven of the imported and eight in…
The Latest: Italy's tally of new virus cases down to 239
MILAN — The number of new confirmed cases of the coronavirus in Italy nudged lower to 239 in the last 24 hours, while all eight deaths were recorded in Lombardy, the epicenter of the country's epidemic.
With loan money gone, restaurants are at mercy of coronvirus
NEW YORK (AP) — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets.
Insider Q&A: BaseCamp CTO David Heinemeier Hansson
David Heinemeier Hansson has made a name for himself as one of the tech industry’s more prominent iconoclasts and industry critics. The Danish programmer is a successful entrepreneur who has testified before Congre…
Debate begins for who's first in line for COVID-19 vaccine
Who gets to be first in line for a COVID-19 vaccine? U.S. health authorities hope by late next month to have some draft guidance on how to ration initial doses, but it’s a vexing decision.
Siemens Healthineers to buy US cancer care firm Varian
BERLIN (AP) — Germany-based Siemens Healthineers said Sunday it will buy U.S. cancer therapy and research company Varian in a deal worth around $16.4 billion.