Business News

US shows support for airline venture between Delta, WestJet

The Trump administration is giving a green light to Delta Air Lines and Canada's WestJet, who want to work together in setting schedules and prices

Biden's warning on oil tests voter resolve on…

Joe Biden has said the quiet part out loud on climate change

AstraZeneca, J&J resuming US tests of COVID-19…

Two drugmakers say they have the go-ahead to resuming U.S. testing of their COVID-19 vaccine candidates

How major US stock indexes fared Friday

Stocks shrugged off a sluggish start and ended mostly higher on Wall Street Friday

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Intel, American Express fall; Mattel, Boston Beer rise

Stocks that moved heavily or traded substantially Friday: Intel, American Express fall; Mattel, Boston Beer rise

Report: Ransomware disables Georgia county election database

A ransomware attack that hobbled a Georgia county government in early October reportedly disabled a database used to verify voter signatures in the authentication of absentee ballots

Closing prices for crude oil, gold and other commodities

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

AmEx profits plunge as travel spending comes to a…

American Express’ fourth-quarter profits dropped by 39% as the pandemic’s deep impacts on travel, entertainment and dining dramatically impacted results of the credit card giant

NATO chief says Greece, Turkey agree to cancel…

NATO Secretary-General Jens Stoltenberg says that Greece and Turkey are going to cancel war games scheduled for next week on each other’s national holidays, in a further sign of easing of tensions between the two NATO allies and historic rivals

Global money laundering monitor says COVID fraud on the rise

The international organization that monitors protections against money laundering and terrorism financing says coronavirus-related fraud is on the rise around the world

Greece: Insolvency overhaul during pandemic triggers spat

The Greek government’s opposition is trying to block new insolvency legislation that it argues would leave vulnerable mortgage holders more exposed to repossession during the pandemic

Veggie burgers are still burgers, at least in…

European lawmakers say that plant-based products that do not contain meat can continue to be labeled “sausages” or “burgers.”

Dutch hospital airlifts patients to Germany amid…

A bright yellow helicopter has flown a COVID-19 patient from the Netherlands to a German intensive care unit, the first such airlift since the pandemic first threatened to swamp Dutch hospitals

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Spain PM appeals for public unity, sacrifice in…

Spanish Prime Minster Pedro Sánchez is appealing for Spaniards to pull together and defeat the new coronavirus, warning: “The situation is serious.”

Hitler speeches sell at Munich auction despite…

Handwritten speech notes by Nazi dictator Adolf Hitler sold at auction in Munich despite concerns from Jewish groups they could encourage neo-Nazis

Trial of Russian in alleged bitcoin fraud to wrap…

French prosecutors requested on Friday a ten-year jail term and a fine of 750,000 euro ($888,634) against Russian suspect Alexander Vinnik, who is accused of using ransomware in a 135 million-euro ($160 million) fraud using the cryptocurrency bitcoin

Automaker Daimler rebounds after lockdowns…

Daimler has seen third-quarter profit rebound as the company clamped down on costs and as auto sales surged following the coronavirus lockdowns

AP Explains: Why are UK and EU still arguing over…

More than four years after Britain voted to leave the European Union, the two sides are still arguing over their post-Brexit relations

Bloated public salaries at heart of Iraq's economic woes

Iraq's government is struggling to pay the salaries of its public sector employees, its coffers drained because of this year's plunge in oil prices

US stocks shake off a wobbly start and end mostly…

Stocks shrugged off a sluggish start and ended mostly higher on Wall Street Friday

US: Russian hackers targeting state, local…

Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, and have stolen data from at least two servers

Huawei sales up, but growth slows under virus, US…

Chinese tech giant Huawei says its revenue rose 9.9% in the first nine months of this year, but growth slowed due to U.S. sanctions and the coronavirus pandemic

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Biden calls for 'transition' from oil, GOP sees…

Democrat Joe Biden's remarks that he will transition away from the oil industry in favor of renewable energy sources have drawn quick attention from President Donald Trump

China hopes for change if Biden wins, but little…

Chinese leaders hope Washington will tone down conflicts over trade, technology and security if Joe Biden wins the Nov. 3 presidential election

China vows retaliation if US proceeds with Taiwan arms sale

China is vowing to retaliate if the U.S. proceeds with the sale of advanced weaponry to Taiwan worth more than a billion dollars