Latest Business News

Women pray at the tomb of a relative who died from COVID-19 complications, at the General Cemetery in La Paz, Bolivia, Wednesday, Sept. 23, 2020. (AP Photo/Juan Karita)

The Latest: UK to subsidize wages of pandemic-idled workers

Sep. 24, 2020 3:38 AM EDT

LONDON — Britain’s top treasury official is preparing to announce new plans to help workers hurt by the COVID-19 pandemic. Chancellor Rishi Sunak is expected to unveil an income support program Thursday under which the government would subsidize the wages of workers whose hours have been cut due to...

In this photo provided by Maciej Komorowski of Hungary Embassy, the world's smallest Rubik's Cube is shown in Tokyo Wednesday, Sept. 23, 2020, to commemorate the 40th anniversary of the six-sided puzzle in Japan. A tiny but playable Rubik’s Cube, so little it fits on your fingertip, has gone on sale in Japan for 198,000 yen, or about $1,900, for delivery starting in December. (Maciej Komorowski of Hungary Embassy via AP)

Tiny Rubik's Cube goes on sale in Japan for anniversary

Sep. 24, 2020 3:17 AM EDT

TOKYO (AP) — A tiny but playable Rubik’s Cube, so little it fits on your fingertip, has gone on sale in Japan for 198,000 yen, or about $1,900, for delivery starting in December. Billed as a “super-small” Rubik’s Cube, it was created to mark the 40th anniversary of when the...

In this Monday, July 6, 2020, file photo, a police van is surrounded by press photographers at a court in Hong Kong. Hong Kong's professional journalism association on Thursday, Sept. 24, 2020, protested new rules restricting who can provide press coverage during demonstrations, saying the government has no right to determine who is or isn't a reporter. (AP Photo/Vincent Yu/ File)

Hong Kong journalists protest new accreditation rules

Sep. 24, 2020 2:42 AM EDT

HONG KONG (AP) — Hong Kong’s professional journalism association on Thursday protested new rules restricting who can provide press coverage during demonstrations, saying the government has no right to determine who is or isn't a reporter. The rules outlined in a Tuesday letter from police have been...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 24, 2020. Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares.(AP Photo/Ahn Young-joon)

Asian shares fall as caution sets in after Wall St retreat

Sep. 24, 2020 2:35 AM EDT

Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential election and the...

Software provider to state and local governments hacked

Sep. 24, 2020 12:45 AM EDT

DALLAS (AP) — A major provider of software services to state, county and local governments, including the online publishing of election results, told customers Wednesday that an unknown intruder broke into its phone and information technology systems. Tyler Technologies, a Plano, Texas-based S&P 500...

A woman wearing a face mask to protect against the coronavirus walks past a shopping mall on a rainy day in Beijing, Wednesday, Sept. 23, 2020. Even as China has largely controlled the outbreak, the coronavirus is still surging across other parts of the world. (AP Photo/Mark Schiefelbein)

Asia Today: China to let in more foreigners as virus recedes

Sep. 24, 2020 12:12 AM EDT

BEIJING (AP) — Foreigners holding certain types of visas and residence permits will be permitted to return to China starting next week as the threat of coronavirus continues to recede. The new regulation lifts a months-long blanket suspension covering most foreigners apart from diplomats and those in...

FILE - In this Aug. 18, 2020, file photo, a plume rises over a vineyard in unincorporated Napa County, Calif., as the Hennessey Fire burns. Smoke from the West Coast wildfires has tainted grapes in some of the nation’s most celebrated wine regions. The resulting ashy flavor could spell disaster for the 2020 vintage. (AP Photo/Noah Berger, File)

Wildfires taint West Coast vineyards with taste of smoke

Sep. 24, 2020 12:02 AM EDT

TURNER, Ore. (AP) — Smoke from the West Coast wildfires has tainted grapes in some of the nation's most celebrated wine regions with an ashy flavor that could spell disaster for the 2020 vintage. Wineries in California, Oregon and Washington have survived severe wildfires before, but the smoke from this...

A woman wearing a face mask to protect against the coronavirus walks past a shopping mall on a rainy day in Beijing, Wednesday, Sept. 23, 2020. Even as China has largely controlled the outbreak, the coronavirus is still surging across other parts of the world. (AP Photo/Mark Schiefelbein)

The Latest: China lifts pandemic bar on entry by foreigners

Sep. 23, 2020 11:50 PM EDT

BEIJING — Chinese officials say foreigners holding certain types of visas and residence permits will be permitted to return to China as the threat of the new coronavirus continues to recede. The decision lifts a months-long blanket suspension covering most foreigners apart from diplomats and those in...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 24, 2020. Asian shares were mostly lower Thursday as caution again after a retreat on Wall Street driven by a decline in technology shares.(AP Photo/Ahn Young-joon)

Asian shares fall as caution sets in after Wall St retreat

Sep. 23, 2020 11:05 PM EDT

Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares. Market players are feeling less optimistic about action from the U.S. Federal Reserve and Congress to help the U.S. economy amid the distractions of the presidential election and the...

Visitors wearing face masks to protect against the coronavirus look at a Tesla vehicle on display at the China International Fair for Trade in Services (CIFTIS) in Beijing, Saturday, Sept. 5, 2020. Auto executives are flying in early to wait out a coronavirus quarantine ahead of the Beijing auto show, the year's biggest sales event for a global industry that is struggling with tumbling sales and layoffs. Organizers say they will impose intensive anti-disease controls on crowds and monitor visitors and employees for signs of infection. (AP Photo/Mark Schiefelbein)

China auto show forging ahead under anti-virus controls

Sep. 23, 2020 11:00 PM EDT

BEIJING (AP) — The first event for the CEO of Swedish electric car brand Polestar at this month’s Beijing auto show: A two-week quarantine in a hotel. The auto show, the first major in-person sales event for any industry since the coronavirus pandemic began, opens Saturday in a sign the ruling...