Lagarde: Recovery from pandemic could be bumpy
FRANKFURT, Germany — European Central Bank head Christine Lagarde says the current 1.35 trillion-euro ($1.58 trillion) bond purchase program and cheap loans to banks are…
Articles by biztimes
UK to increase powers to block foreign investments
LONDON — The British government plans to increase its ability to prevent foreign investors from acquiring strategic assets amid increasing concern about the threat to…
China auto sales grow 12.5% in October, but down for year
BEIJING — China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus,…
Cadillacs probed for suspension failure that caused crashes
DETROIT — The U.S. government’s road safety agency is investigating complaints that the rear suspensions on some older Cadillac SUVs can fail, causing drivers to…
With weather turning, Galena council ends outdoor dining, but downtown businesses worried about winter
GALENA, Ill. — As the weather cools and restaurants prepare for winter, Galena officials have chosen to end outdoor dining. City Council members this week…
Low-interest loan program available for downtown projects in Jackson County
MAQUOKETA, Iowa — A low-interest loan program is available for downtown areas in Jackson County communities. Jackson County Economic Alliance is renewing the program with…
Governor unveils new COVID-19 rules for gatherings, sporting events, some businesses
Iowa Gov. Kim Reynolds on Tuesday announced that, due to soaring numbers of hospitalizations related to COVID-19, she was implementing a new wave of mitigation…
U.S. bankruptcy court approves sale of J.C. Penney
NEW YORK — J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing…
GOP unveils $1.4 trillion spending bill amid post-election turmoil
WASHINGTON — Republicans controlling the Senate unveiled a government-wide, $1.4 trillion spending bill today, a mostly bipartisan measure that faces uncertain odds during this period…
US job openings rise slightly in September, hiring slips
WASHINGTON — American employers advertised slightly more jobs in September but hired fewer people as the U.S. economy struggles to recover from spring’s coronavirus collapse….