Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
Virus resurgence forces countries to reimpose restrictions
PROMACHONAS, Greece (AP) — Countries around the world are reimposing lockdowns and implementing new health checks at their borders in an effort to curb a resurgence of the coronavirus before it spins even further o…
Goldman 2Q profit tops forecast on strong trading revenue
NEW YORK (AP) — Investment bank Goldman Sachs posted a massive 41% rise in revenues in the second quarter, the bank said Wednesday, helped by a blowout performance by the bank’s trading desks.
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.
Italy, Benettons reach deal after Genoa bridge collapse
ROME (AP) — Italy’s government said Wednesday it scored a victory in a battle stemming from the deadly 2018 collapse of Genoa’s main bridge, with the Benetton fashion family agreeing to exit the company that manage…
With elective procedures delayed, UnitedHealth profit spikes
The nation’s largest health insurer more than doubled its second-quarter profit, as COVID-19 shutdowns kept patients out of doctor’s offices and off operating tables.
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…
German railway orders 30 high-speed trains for $1.1 billion
BERLIN (AP) — Germany's national railway operator is ordering 30 new high-speed trains from industrial conglomerate Siemens for some 1 billion euros ($1.1 billion).
The Latest: Tokyo governor warns infections rising quickly
TOKYO — Tokyo Gov. Yuriko Koike says the spread of infections in the Japanese capital has escalated to levels tantamount to “issuing an alarm,” and requested residents and business owners to step up preventive meas…
EU high court backs Apple, Ireland in EU’s landmark $15 billion tax case
BRUSSELS (AP) — EU high court backs Apple, Ireland in EU’s landmark $15 billion tax case.
China accuses Britain of helping Washington hurt Huawei
BEIJING (AP) — China accused Britain on Wednesday of colluding with Washington to hurt Huawei after the Chinese tech giant was blocked from working on a British next-generation mobile phone network.
Chinese UK ambassador says Huawei decision 'unfair'
LONDON (AP) — China’s ambassador to the U.K. has questioned whether Britain can offer a fair business environment following its decision to ban Huawei from taking part in the country’s high-speed wireless network.
NY Times to move some staff from Hong Kong, citing new law
HONG KONG (AP) — The New York Times said Tuesday it will transfer some of its staff out of Hong Kong because of uncertainties about practicing journalism in the Chinese territory under its newly imposed national se…
Many Zimbabweans sell goods from their cars in hard times
HARARE, Zimbabwe (AP) — Cars have become mobile markets in Zimbabwe where enterprising residents are selling goods from their vehicles to cope with economic hardships caused by the coronavirus.
Asia Today: Rules return in Hong Kong, India, ease in China
HONG KONG (AP) — Renewed restrictions took effect in Hong Kong on Wednesday, with restaurants limited to takeout after 6 p.m., as the Asian financial center battles a resurgence of the coronavirus.
Lockdowns reimposed in India as virus cases near 1 million
NEW DELHI (AP) — As India’s confirmed coronavirus cases approach 1 million, lockdowns are being reimposed in parts of the country as local governments try to shield the health system from being overwhelmed.