Business News

Asian shares mostly rise on virus vaccine, Yellen…

Asian shares are mostly higher, encouraged by news on the development of coronavirus vaccines and more assurance for a transition of power in the U.S. to President-elect Joe Biden

Oil-rich Kuwait faces reckoning as debt crisis looms

Kuwait, one of the world’s wealthiest countries, is facing a debt crisis

Report: Mobile fingerprinting a core tool in US…

A new report based on a Freedom of Information Act lawsuit says a mobile fingerprinting app used by U.S. immigration agents to run remote ID checks in the field has become a core tool in President Donald Trump’s deportation crackdown

AdChoices Icon

Los Angeles to discuss stay-home order as COVID…

The nation’s largest county is on the brink of a stay-home order just days before Thanksgiving after a coronavirus surge surpassed a level set by Los Angeles County public health officials to trigger one

Awaiting Yellen at Treasury: Yet another daunting…

Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis

The Latest: Philippines targets 60 million for…

Philippine officials say about 60 million Filipinos are being targeted for vaccination against the coronavirus next year at a cost of more than 73 billion pesos ($1.4 billion) to develop considerable immunity among a majority of Filipinos

Netflix to expand production hub in New Mexico

Netflix is pledging an additional $1 billion investment in its production hub in New Mexico

Taiwan's leader launches production of…

Taiwan’s president has inaugurated the production of domestically made submarines in the southern city of Kaohsiung, in a step forward for the island’s defense strategy at a time of elevated tensions with China

EU invites Biden to patch up trans-Atlantic ties

European Union chief Charles Michel is inviting Joe Biden once he is U.S. president to meet up next and patch up trans-Atlantic relations that have suffered over the past four years under President Donald Trump

Australia airline boss wants vaccine passport for travelers

The boss of Australia’s largest airline says that once a coronavirus vaccine becomes widely available, it may require passengers to use it before they can travel abroad

GM flips to California's side in pollution fight…

General Motors is switching sides in the legal fight against California’s right to set its own clean-air standards, abandoning the Trump administration as the president’s term nears its close

AdChoices Icon

Millions stick to Thanksgiving travel plans…

Despite emphatic warnings from public health authorities to stay home for Thanksgiving, millions of Americans are crowding the nation’s airports ahead of the holiday, many of them unwilling to miss out on seeing family and convinced they can do it safely

Retail trade group sees solid holiday sales…

The National Retail Federation expects that holiday sales could actually exceed growth of prior seasons despite the uncertainty surrounding the pandemic

Army Corps of Engineers grants final federal Line…

The U.S. Army Corps of Engineers has approved the final federal permit for Enbridge Energy’s planned Line 3 crude oil pipeline replacement across northern Minnesota

Beppe Modenese, creator of Milan fashion system…

Beppe Modenese, the force behind the coalescence of Italian ready-to-wear fashion in the northern city of Milan, has died

How major US stock indexes fared Monday

Stocks closed higher on Wall Street Monday as more encouraging news on coronavirus vaccines and treatments helped temper worries over rising virus cases and the economic impact on businesses

Shops, gyms to reopen in England under new…

Haircuts, shopping trips and visits to the pub will be back on the agenda for millions of people when a four-week lockdown in England comes to an end next week

Altice, Korn Ferry rise; Newmont, Twist Bioscience fall

Stocks that moved heavily or traded substantially Monday: Altice, Korn Ferry rise; Newmont, Twist Bioscience fall

Google faces UK scrutiny over new advertising…

Google faces fresh regulatory scrutiny in Britain over plans to revamp its ad data system, after an industry lobbying group complained to the competition watchdog that the changes would cement the U.S. tech giant’s online dominance

AdChoices Icon

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

Pandemic has taken a bite out of seafood trade…

The coronavirus pandemic has hurt the U.S. seafood industry due to a precipitous fall in imports and exports and a drop in catch of some species