Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
China approves contentious Hong Kong national security law
HONG KONG (AP) — China on Tuesday approved a contentious national security law that will allow authorities to crack down on subversive and secessionist activity in Hong Kong, a move many see as Beijing’s boldest ye…
WHO: Countries complaining about contact tracing are 'lame'
LONDON (AP) — The head of the World Health Organization on Monday dismissed complaints from countries complaining that contact tracing is too difficult to implement as a control strategy for the coronavirus pandemi…
EU prolongs sanctions against Russia over Ukraine conflict
BRUSSELS (AP) — The European Union on Monday prolonged economic sanctions against Russia for six months for failing to live up to its commitments to the peace agreement in Ukraine.
France, Germany push for rapid EU recovery plan agreement
BERLIN (AP) — The leaders of Germany and France said Monday they will use their influence as European Union powerhouses to help negotiate a rapid agreement on a coronavirus recovery package for the 27-nation bloc t…
Dutch government begins auction of 5G frequencies
AMSTERDAM (AP) — The Dutch government started an auction Monday of new 5G wireless frequencies, with telecom companies bidding so they can provide customers with the faster mobile communication networks.
Nissan officials face angry shareholders on red ink, scandal
TOKYO (AP) — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia.
China factory activity improves in June but exports weak
BEIJING (AP) — China’s manufacturing activity improved in June after anti-virus controls were eased to revive the economy but export demand was weak, a survey released Tuesday showed.
WarnerMedia puts 'for sale' sign on CNN Center in Atlanta
NEW YORK (AP) — WarnerMedia said Monday it will sell the iconic CNN Center in downtown Atlanta, but that it doesn't mean the network will abandon the city.
How major US stock indexes fared Monday
Stocks closed broadly higher on Wall Street Monday, clawing back half of their losses from last week.
Social media platforms face a reckoning over hate speech
For years, social media platforms have fueled political polarization and hosted an explosion of hate speech. Now, with four months until the U.S. presidential election and the country’s divisions reaching a boiling…
Greece says pandemic to worsen long-term economic problems
ATHENS, Greece (AP) — Greece's central bank says the country could avoid a major recession if it makes good use of emergency EU support funds and does not suffer a major renewed outbreak of COVID-19, but the pandem…
BP sells petrochemicals arm to Ineos for $5 billion
LONDON (AP) — Oil and gas company BP has sold its global petrochemicals business to Ineos for $5 billion, part of its plan to shift activities to renewable sources of energy.
US pending home sales see record-breaking rebound in May
SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelin…
Court says president can fire Consumer board head 'at will'
WASHINGTON (AP) — In a ruling underscoring the power of the president, the Supreme Court on Monday made it easier for the president to fire the head of the Consumer Financial Protection Bureau.
Domino's expands delivery options, home buying moves online
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the …