Latest Business News

The Latest: Chinese city shuts down over new outbreak worry

Sep. 21, 2021 23:03 PM EDT

BEIJING — Officials in the northeast China city of Harbin say national level health officials have been sent to the city to deal with what may be a coronavirus outbreak. The city of 9.5 million people reported three infection cases Wednesday, a day after discovering a...

Asian shares mostly lower after mixed trading on Wall Street

Sep. 21, 2021 22:52 PM EDT

Asian shares were mostly lower on Wednesday after major indexes ended mixed on Wall Street. Benchmarks fell in Tokyo, Shanghai and Taiwan but rose in Sydney. Markets in South Korea and Hong Kong were closed for holidays. The Bank of Japan kept its...

Josh Rogers allows 1 run to lead Nationals over Marlins 7-1

Sep. 21, 2021 22:51 PM EDT

MIAMI (AP) — Josh Rogers pitched 7 2/3 innings of one-run ball and the Washington Nationals beat the Miami Marlins 7-1 Tuesday night. Rogers (2-0) scattered five hits, struck out four and walked two in his longest outing since joining the club Sept. 4. ...

ADB: Asia below pre-pandemic levels as variants slow rebound

Sep. 21, 2021 22:31 PM EDT

Developing economies in Asia will likely grow at a slower pace than earlier expected due to prolonged COVID-19 outbreaks and uneven progress in vaccinations, the Asian Development Bank said in a report Wednesday. The regional lender lowered its outlook for economic...

House OKs debt and funding plan, inviting clash with GOP

Sep. 21, 2021 21:46 PM EDT

WASHINGTON (AP) — The House voted late Tuesday to keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a high-stakes showdown with Republicans who oppose the package despite the risk of triggering a fiscal crisis. ...

Top Southern Baptist committee funds sex abuse probe

Sep. 21, 2021 21:40 PM EDT

NASHVILLE, Tennessee (AP) — A top Southern Baptist Convention committee agreed Tuesday to fund a third-party investigation into its handling of sexual abuse allegations but held off on waiving its attorney-client privilege for the probe, delaying for the future a decision seen as a key...

Rural county tears Nevada 'Innovation Zones' plan to pieces

Sep. 21, 2021 21:30 PM EDT

CARSON CITY, Nev. (AP) — In their first public opportunity to voice concerns on a proposal to let tech companies that meet certain requirements create semi-autonomous jurisdictions called Innovation Zones, officials from Storey County dressed down the idea in a line-by-line fashion. ...

House OKs funding to keep government open, suspend debt cap and provide disaster relief; GOP expected to block in Senate

Sep. 21, 2021 20:51 PM EDT
WASHINGTON (AP) — House OKs funding to keep government open, suspend debt cap and provide disaster relief; GOP expected to block in Senate.

China keeps virus at bay at high cost ahead of Olympics

Sep. 21, 2021 20:32 PM EDT

BEIJING (AP) — The Beizhong International Travel Agency in the eastern city of Tianjin has had only one customer since coronavirus outbreaks that began in July prompted Chinese leaders to renew city lockdowns and travel controls. Most of China is virus-free, but the...

China, US unveil separate big steps to fight climate change

Sep. 21, 2021 20:21 PM EDT

The two biggest economies and largest carbon polluters in the world announced separate financial attacks on climate change Tuesday. Chinese President Xi Jinping said his country will no longer fund coal-fired power plants abroad, surprising the world on climate for the...