Latest Business News

American set to resume Philadelphia-West Virginia service

Apr. 23, 2021 04:42 AM EDT

CHARLESTON, W.Va. (AP) — All nonstop flights that were suspended last year due to the coronavirus pandemic in Charleston, West Virginia, will be fully restored after American Airlines announced the resumption of service to Philadelphia. Service between Charleston's...

Indian hospitals plead for oxygen, country sets virus record

Apr. 23, 2021 04:35 AM EDT

NEW DELHI (AP) — India put oxygen tankers on special express trains as major hospitals in New Delhi on Friday begged on social media for more supplies to save COVID-19 patients who are struggling to breathe. More than a dozen people died when an oxygen-fed fire ripped through a coronavirus...

Daimler profit jumps to 4.4 billion euros, margin outlook up

Apr. 23, 2021 04:19 AM EDT

FRANKFURT, Germany (AP) — German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros ($5.3 billion) in the first three months of the year, as the global economic recovery and demand for the company's lineup of luxury vehicles in China fattened the bottom...

Astronauts arrive at pad for SpaceX flight on used rocket

Apr. 23, 2021 04:08 AM EDT

CAPE CANAVERAL, Fla. (AP) — Four astronauts arrived at their launch pad early Friday morning for a SpaceX flight to the International Space Station, the company’s third bon voyage for a NASA crew in under a year. The two Americans, one French and one Japanese...

The Latest: More data confirm single dose of 2 vaccines work

Apr. 23, 2021 04:03 AM EDT

LONDON — Scientists at Oxford University have released more data that confirm coronavirus vaccines made by Pfizer-BioNTech and AstraZeneca both significantly cut the risk of infection after a single dose. In studies published on Friday, researchers said there was no...

Turkey detains dozens for alleged cryptocurrency fraud

Apr. 23, 2021 04:02 AM EDT

ISTANBUL (AP) — Turkish police have detained 62 people as part of an investigation into a cryptocurrency exchange that is being accused of defrauding investors, according to the country’s state-run news agency. Anadolu news agency said Friday prosecutors issued...

Beyond the Pandemic: London's West End readies for next act

Apr. 23, 2021 02:34 AM EDT

LONDON (AP) — Noah Thomas saw his name in lights, and then the lights went out. The young actor was still in drama school when he was cast to play the lead role in the London West End musical “Everybody’s Talking About Jamie.” Thomas made his professional debut in...

Grant program would boost Maine tourism, hospitality

Apr. 23, 2021 01:52 AM EDT

PORTLAND, Maine (AP) — Maine might create a grant program designed to help the state's tourism and hospitality industries, which have suffered during the coronavirus pandemic. Democratic Sen. Joe Rafferty of Kennebunk has introduced a proposal that would allow tourism...

Asia stocks mixed after Wall St falls on Biden tax report

Apr. 23, 2021 01:30 AM EDT

BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street fell following a report that President Joe Biden will propose raising taxes on the wealthiest investors. Shanghai, Hong Kong and Seoul rose while Tokyo and Sydney retreated. Wall...

Fire at Shanghai electronics factory kills 8

Apr. 23, 2021 01:30 AM EDT

SHANGHAI (AP) — A fire at an electronics factory in Shanghai killed eight people Friday including two firefighters, the city government announced. The fire broke out at the Shengrui Electronic Technology (Shanghai) Co. in the Chinese business capital's Jinshan district...