Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Confluence Health names new Chief Medical Officer
WENATCHEE — Confluence Health has selected a new chief medical officer, according to an announcement from Confluen…
New Zealand cancels 2021 APEC summit, will lead it virtually
WELLINGTON, New Zealand (AP) — New Zealand on Tuesday canceled its plans to host a major meeting of U.S. and Asian leaders next year because of the coronavirus, opting instead to lead a virtual summit.
Port of Moses Lake project clears hurdle
MOSES LAKE — The Federal Railroad Administration has finally approved an updated route for the long-delayed Northern Columbia Basin Railroad’s extension into t…
Port develops new industrial area to the west
MOSES LAKE — Like most of the Columbia Basin, these 2,300 acres started out as scrubland, covered almost entirely by sagebrush and dry grass.
States reverse openings, require masks amid virus resurgence
Arizona's Republican governor shut down bars, movie theaters, gyms and water parks Monday and leaders in several states ordered residents to wear masks in public in a dramatic course reversal amid an alarming resur…
In about-face, Arizona shuts bars, pools again to curb virus
PHOENIX (AP) — Arizona’s governor ordered bars, nightclubs and water parks to close again for at least a month starting Monday night — a dramatic about-face as coronavirus cases surge in the Sunbelt.
Google removes misleading ads related to voting, elections
Google said Monday it has removed misleading and fraudulent ads targeting Americans looking for information about how to vote in November's presidential election.
Lululemon buys at-home exercise startup for $500 million
NEW YORK (AP) — Athletic apparel maker Lululemon Athletica Inc. said Monday it's acquiring at-home exercise startup Mirror for $500 million.
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.
Musk tells Tesla employees breaking even in 2Q will be tight
PALO ALTO, Calif. (AP) — With one day left before the second quarter closes, Tesla CEO Elon Musk is telling employees that prospects for the company breaking even for the three-month period are tight, and he's aski…
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…
Business Highlights
___
Coty, Boeing rise; Intercept Therapeutics, Heron fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
How major US stock indexes fared Monday
Stocks closed broadly higher on Wall Street Monday, clawing back half of their losses from last week.
Powell says US economy facing heightened uncertainty
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s abilit…
Wall Street stocks claw back a chunk of last week's losses
Stocks shrugged off a wobbly start to finish solidly higher on Wall Street Monday, as the market clawed back half its losses from last week.