Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Farmworker wage complaints in WA caught in state agency backlog, report finds
Over half of farmworker wage complaints Washington’s Department of Labor and Industries received last year went un…
Suit: North Dakota refinery developer owes workers wages
BISMARCK, N.D. (AP) — Some current and former employees of a company developing an oil refinery near Theodore Roosevelt National Park in North Dakota filed a lawsuit claiming they are owed wages and bonuses.
Walmart to close its stores on Thanksgiving Day
NEW YORK (AP) —
Lebanon contracts NY-based company to do forensic audit
BEIRUT (AP) — Lebanon’s government agreed Tuesday to hire a New York-based company to conduct a forensic audit of the country’s central bank accounts to determine how massive amounts of money were spent in the nati…
CEO of parent company of Coach and Kate Spade resigns
NEW YORK (AP) — The CEO of the parent company of Kate Spade, Stuart Weitzman and Coach fashion brands resigned Tuesday citing allegations of misconduct by a woman with whom he had a relationship more than a decade …
LinkedIn laying off nearly 1,000 amid hiring slowdown
NEW YORK (AP) — LinkedIn is laying off nearly 1,000 employees, approximately 6% of its workforce globally, with unemployment in the U.S. above 13% and national economies from Europe and Asia, to the Americas, shrin…
Millennial Money: Smart moves when cash is tighter than time
Lots of people have more time than money nowadays. If you’re one — maybe you’re taking a staycation or you freed up commuting hours by working from home — optimize that extra time by making smart financial moves th…
Turkey's ruling party moving to tighten grip on social media
ANKARA, Turkey (AP) — The Turkish president's ruling party is submitting draft legislation to parliament that would enable the government to tighten its grip on social media, an official said Tuesday. The oppositio…
Poll: Pandemic hurting Americans' finances in disparate ways
BURTON, Mich. (AP) — Crystal and Chris Martin put off some payments on their home in this blue-collar town near Flint and are pinching pennies to make ends meet until they return to work. In Windsor, Connecticut, A…
Pakistan warns TikTok video service, blocks Bigo Live app
ISLAMABAD (AP) — Pakistan has threatened China's TikTok and blocked the Singapore-based Bigo Live streaming platform, citing what the regulating authority called widespread complaints about “immoral, obscene and vu…
With stadiums, theaters closed, Coke 2Q revenue plunges 28%
Coca-Cola's revenue plunged 28% in the second quarter, but the company thinks the worst could be behind it.
Norway's Adevinta buys eBay classifieds unit in $9.2B deal
LONDON (AP) — EBay Inc. is selling its classifieds business to Norway's Adevinta in a deal worth $9.2 billion that will create the world's largest online classifieds group, the companies said Tuesday.
Pompeo hold talks in UK amid rising China tensions
LONDON (AP) — U.S. Secretary of State Mike Pompeo held “candid″ discussions in London with one of America’s closest allies on Tuesday, amid growing tensions between the West and China.
US virus aid far off as EU digs deep to aid ailing economies
MITO, Japan (AP) — U.S. lawmakers remained far apart Tuesday on a deal to provide more financial relief for Americans as European leaders thrashed out a plan for their pandemic-ravaged economies.
EU agrees on $2.1 trillion deal after marathon summit
BRUSSELS (AP) — After four days and nights of wrangling, exhausted European Union leaders finally clinched a deal on an unprecedented 1.8 trillion-euro ($2.1 trillion) budget and coronavirus recovery fund early Tue…
Minister: Lebanon is nearing critical stage in virus cases
BEIRUT (AP) — Lebanon's health minister says the financially troubled Mediterranean country, which has so far managed to contain the coronavirus, is sliding toward a critical stage with a new surge in infections af…