Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
China firm uses workers to 'pre-test' vaccine in global race
BEIJING (AP) — In the global race to make a coronavirus vaccine, a state-owned Chinese company is boasting that its employees, including top executives, received experimental shots even before the government approv…
Arizona ban on evictions set to end as heat, infections soar
PHOENIX (AP) — Housing advocacy groups in Arizona have joined lawmakers in lobbying Gov. Doug Ducey to extend his coronavirus-related moratorium on evictions, which will expire next week and allow authorities to st…
Walmart latest retailer to require customers to wear masks
NEW YORK (AP) — Walmart will require customers to wear face coverings at all of its namesake and Sam's Club stores, making it the largest retailer to introduce such a policy that has otherwise proven difficult to e…
Biden, Gates, other Twitter accounts hacked in Bitcoin scam
Unidentified hackers broke into the Twitter accounts of technology moguls, politicians, celebrities and major companies Wednesday in an apparent Bitcoin scam.
Google to invest $4.5 billion in India's Jio digital company
NEW DELHI (AP) — Google plans to invest $4.5 billion in India’s Jio Platforms Ltd, the company announced Wednesday, taking a 7.7% stake in the digital services company owned by multi-billion dollar Reliance Industr…
Fed survey finds economic activity increased in almost all regions but still remains well below pre-pandemic levels
WASHINGTON (AP) — Fed survey finds economic activity increased in almost all regions but still remains well below pre-pandemic levels.
'We don't want them,' Mallorca says of wild-wayed tourists
MADRID (AP) — Authorities in Spain’s Balearic Islands ordered the closure Wednesday of bars and nightclubs in beachfront areas popular with young and foreign visitors, pulling the plug on endless drunken nights to …
Europe's shift to electric cars picks up despite recession
FRANKFURT, Germany (AP) — The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than th…
China becomes first economy to grow since virus pandemic
BEIJING (AP) — China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns were lifted …
Tech entrepreneur's dismembered body found in luxury condo
NEW YORK (AP) — The dismembered body of a 33-year-old tech entrepreneur was found inside his luxury Manhattan condo where an electric saw was left behind, police said Wednesday.
JC Penney cuts 1,000 jobs as it closes stores
JC Penney says it will cut 1,000 jobs as it tries to fight its way out from under bankruptcy protection.
Confirmed US virus cases rise amid new global restrictions
MIAMI (AP) — California, Arizona, Texas and Florida together reported about 36,000 new coronavirus cases Wednesday as restrictions aimed at combating the spread of the pandemic took hold in the United States and ar…
Asian shares retreat as virus vaccine rally fades
Shares fell back in Asia on Thursday after markets worldwide rallied on rising hopes for a COVID-19 vaccine.
China summons US ambassador, says US blocks its development
BEIJING (AP) — China has accused the U.S. of seeking to obstruct its development with recent steps to sanction officials who undermine local autonomy in Hong Kong, summoning the U.S. ambassador in Beijing to lodge …
Giant Hawaii telescope builders say no construction in 2020
HONOLULU (AP) — Scientists planning to build one of the world’s largest telescopes on a Hawaii mountain said Wednesday construction won’t begin until at least next year.