Category: Business
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Asian shares rise after Wall Street gains on solid earnings
U.S. stocks capped another wobbly day of trading with modest losses Wednesday as Wall Street waited for any signs of progress as lawmakers in Washington negotiate over how to deliver more aid for the economy.
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Next up in hunt for COVID-19 vaccine: Testing shots in kids
The global hunt for a COVID-19 vaccine for kids is only just beginning — a lagging start that has some U.S. pediatricians worried they may not know if any shots work for young children in time for the next school year.
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Justice Dept. to file landmark antitrust case against Google
WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago.
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Aramark to lay off 975 in Colorado, most at Coors Field
DENVER (AP) — A large food service contractor has announced plans to lay off 975 workers in Colorado, most of whom work at Coors Field and are responsible for concession stands that were closed during the season.
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NJ eyes betting on college playoff games here and elsewhere
ATLANTIC CITY, N.J. (AP) — A New Jersey lawmaker wants to allow betting on college playoff or championship games, and hopes to ask voters to amend the state Constitution next year to permit it.
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Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for December delivery fell $1.67 cents to $40.03 a barrel Wednesday. Brent crude oil for December delivery fell $1.43 to $41.73 a barrel.
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UK-EU trade talks back on after the bloc’s olive branch
BRUSSELS (AP) — Britain and the European Union will resume their stalled trade negotiations at an “intensified” pace, the British government said Wednesday, in hope of striking a deal within weeks to avoid a messy economic breakup at the end of he year.
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OxyContin maker Purdue Pharma to plead to 3 criminal charges
WASHINGTON (AP) — Purdue Pharma, the company that makes OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion, Justice Department officials announced Wednesday.
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After years grappling with Google, Europe has tips for US
LONDON (AP) — The U.S. antitrust crackdown on Google might seem like deja vu for European Union regulators.
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Pandemic widens learning gap in education-obsessed S. Korea
SEOUL, South Korea (AP) — When South Korea began its delayed school year with remote learning in April, that spelled trouble for low-income students who rely on public education, get easily distracted and cannot afford cram schools or tutors used by many in this education-obsessed country.