Business News

Biden ordering stopgap help as talks start on big…

President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans

CSX profit slips in 4Q but railroad hauls 4% more…

CSX railroad has reported relatively flat fourth-quarter earnings even though it hauled 4% more freight as the economy continued to rebound from last year’s widespread virus-related shutdowns

Sri Lanka approves vaccine amid warnings of virus…

Sri Lanka has approved the Oxford-AstraZeneca vaccine for COVID-19 amid warnings from doctors that front-line health workers should be quickly inoculated to stop the system from collapsing

Judge says Amazon won't have to restore Parler…

Amazon won’t be forced to immediately restore web service to Parler after a federal judge ruled Thursday against a plea to reinstate the fast-growing social media app favored by followers of former President Donald Trump

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The Latest: Germany's virus death toll hits over…

More than 50,000 people have died after contracting the coronavirus in Germany, a number that has risen swiftly over recent weeks even as infection figures are finally beginning to fall

Biden inherits damaged economy, with signs of…

President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down

Iran, pressured by blackouts and pollution, targets Bitcoin

Social media in Iran has been gripped by speculation that Bitcoin is to blame for a series of recent power blackouts across the country

Ontario leader blames Pfizer for COVID-19 vaccine…

The leader of Canada’s most populous province says he isn’t buying the excuse from Pfizer about why Pfizer deferred all its COVID-19 vaccine deliveries to Canada next week

Trump gives permit to ranchers whose case led to…

The U.S. Bureau of Land Management in the final days of the Trump administration has issued a grazing permit to Oregon ranchers whose imprisonment sparked the armed takeover of a federal wildlife refuge

Biden halts oil and gas leases, permits on US…

The Biden administration has suspended new oil and gas leasing and drilling permits on U.S. lands and waters for 60 days as officials move to reverse the energy and environmental policies of the Trump administration

Travelers, Beazer rise; United Airlines, Healthpeak fall

Stocks that traded heavily or had substantial price changes Thursday: Travelers, Beazer rise; United Airlines, Healthpeak fall

US government approves routes for Wyoming CO2…

The U.S. government has approved routes for a potential system of pipelines that would move carbon dioxide across Wyoming

How major US stock indexes fared Thursday

Stocks drifted to a mixed close on Wall Street Thursday as the earnings reporting season for U.S. companies ramped into higher gear

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United Airlines shares lose altitude after weak…

Shares of United Airlines are falling after the company gave a weak forecast for its revenue in the first three months of 2021

Chicago teachers begin vote to defy order to return to class

Chicago teachers have started voting on whether they’ll return to in-person class next week ahead of elementary students’ return

Trump returns to a business empire ravaged by…

Donald Trump is returning to a family business ravaged by pandemic shutdowns, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts over the past year

Closing prices for crude oil, gold and other commodities

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

Facebook's oversight board to rule on Trump ban

Facebook is passing the buck for its indefinite suspension of former president Donald Trump to a quasi-independent oversight board, setting up a major test of the recently established panel

Biden revokes Trump order banning some diversity…

Civil rights groups are celebrating President Joe Biden's swift revocation of a Trump administration order that had banned federal agencies, contractors and recipients of federal funding from conducting certain diversity training

US long-term mortgage rates slip; 30-year loan at…

U.S. long-term mortgage rates slipped this week while remaining at record-low levels

Biden's climate steps could have big impact on…

President Joe Biden has put his team to work reviewing dozens of actions taken by former President Donald Trump, aiming to reverse orders that he says harm the environment or endanger public health

Union Pacific delivered 3% more freight as…

Union Pacific’s fourth-quarter profit chugged ahead as shipping volume improved for the first time since before the coronavirus pandemic slowed the economy to a crawl last year

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Friendly's restaurant chain sale finalized after bankruptcy

The Friendly's restaurant chain has finalized its sale after filing for bankruptcy in November

Lilly: Drug can prevent COVID-19 illness in…

Drugmaker Eli Lilly says its COVID-19 antibody drug can prevent illness among residents and staff of nursing homes and other long-term care locations

Judge: NY lawsuit seeking NRA's dissolution can…

A New York judge on Thursday denied the National Rifle Association’s bid to throw out a state lawsuit that seeks to put the powerful gun advocacy group out of business