Business News

Giant crane arrives at Georgia shipwreck awaiting…

A towering, floating crane has arrived on the Georgia coast to remove in giant chunks a cargo ship that overturned more than a year ago

Israeli delegations bask in UAE glow, even as…

Another plane full of Israeli business people excited about their newfound access to the United Arab Emirates has touched down in Dubai this week

Report: Dough company didn't report tampering with screws

A newspaper reports that a Maine company that produces pizza dough and is the focus of a tampering investigation received three complaints about screws in the dough that were never reported to the Food and Drug Administration

S&P CoreLogic Case-Shiller: US home prices up 5.2…

U.S. home prices posted a robust gain in August — another sign that the American housing market is strong despite economic fallout from the coronavirus pandemic

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From Beijing to Brussels, Trump's trade wars at a…

President Donald Trump said he would shake up American trade policy

September factory orders up 1.9%, economists see…

Orders to U.S. factories for big-ticket manufactured goods rose a better-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well

Lilly stays confident in possible COVID drug…

Eli Lilly continues to back a potential COVID-19 treatment despite research showing that it may not work on hospitalized patients

Greece, Israel eye closer cooperation amid East Med tension

Greece’s government says it wants to expand trade, energy, and military partnerships with Israel and other countries in the region to counter what it considers the hostile policy of neighbor Turkey

Lithuania upset over soon-to-open Belarus nuke plant

The Baltic nation of Lithuania has sent a protest note to Belarus over a planned nuclear power plant close to their shared border that is to start operating in November

Strong sales of drugs, vaccines, propel Merck in…

Drugmaker Merck, bouncing back from a $1.6 billion hit from the coronavirus pandemic in the second quarter, boosted its third-quarter profit by 55% and blew past Wall Street expectations

Asia Today: Thailand: Woman probably infected in…

Health officials in Thailand says it's likely that a French woman who earlier this month tested positive for the coronavirus became infected when she stayed under quarantine at a hotel near Bangkok

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As pandemic depresses demand, Caterpillar muscles…

Caterpillar’s sales fell 23% in the third quarter as dealers continued to pull back on construction equipment in their showrooms during the coronavirus pandemic

Pfizer tops 3Q earnings views, makes progress on…

Drugmaker Pfizer, one of the leaders in the race to develop a COVID-19 vaccine, is tweaking its timeline for when it will know if its experimental two-dose shot works

Lilly misses profit projects as sales of diabetes…

Eli Lilly and Co. is reporting third-quarter net income of $1.21 billion

As world goes online in pandemic, another mammoth…

Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry

Here's why Ant Group is about to shatter IPO…

Over a billion people in China use Alipay, a digital wallet, to do everything from making payments to online and offline stores, splitting restaurant bills with their friends, and managing their investments

BP reports 3Q earnings plunge amid falling demand

BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand

Millennial Money: Picking a pandemic side gig takes hustle

There are plenty of jobs in the gig work arena

Spain tries to reverse economic slump as…

The Spanish government plans to increase taxes on big corporations and the wealthy and use 27 billion euros ($31.8 billion) in European grants as it tries to reverse one of the deepest coronavirus-related slumps among developed economies

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The Latest: U.N. cancels meetings after reported…

The United Nations canceled all in-person meetings after a U.N. member nation reported five coronavirus cases among its staff

Greek navy minesweeper damaged after cargo ship…

Greece's coast guard says a Greek navy minesweeper and a Portuguese-flagged cargo ship have collided outside the country's main port of Piraeus, leaving two navy crew slightly injured and prompting the evacuation of the severely damaged military vessel

Stock indexes mostly lower a day after worst loss…

Stocks are mostly lower on Wal Street Tuesday as momentum slows on worries about rising virus counts and Washington’s inability to deliver more aid to the economy