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…
Senior Lebanese finance official resigns amid crisis
BEIRUT (AP) — The director general of Lebanon’s Finance Ministry, who was on the team negotiating an emergency bailout from the International Monetary Fund, resigned from his post on Monday amid a rapidly worsening…
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…
The Latest: Partial lockdown extended in German district
BERLIN — Authorities have extended by a week a partial lockdown in a western German district hit by a big coronavirus outbreak at a slaughterhouse.
US pending home sales bounce back huge 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…
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 …
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…
Diageo goes green with carbon neutral distillery in Kentucky
LOUISVILLE, Ky. (AP) — Spirits giant Diageo announced Monday that it's going green with its newest whiskey-making venture in the Bluegrass State.
Governments backtracking as confirmed virus cases surge
NEW DELHI (AP) — Governments are stepping up testing and reimposing restrictions as newly confirmed coronavirus infections surge in many countries. India reported 20,000 on Monday, while the caseload in the U.S. is…
French ex-prime minister Fillon, wife found guilty of fraud
PARIS (AP) — Former French Prime Minister Francois Fillon was found guilty Monday in a fraud case of having used public funds to pay his wife and children more than 1 million euros ($1.13 million) since 1998 for wo…
Gilead's $2,340 price for coronavirus drug draws criticism
The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States …
Donors urged to dig deep as economic chaos, virus hit Syria
BRUSSELS (AP) — Aid organizations on Monday made a plea for world leaders to boost financial support to conflict-torn Syria where around 11 million people are in need of humanitarian assistance, on the eve of a maj…
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.
Top Lebanese finance ministry official resigns amid crisis
BEIRUT (AP) — The director general of Lebanon’s Finance Ministry and a member of the country’s team negotiating with the International Monetary Fund resigned from his post on Monday amid a worsening economic and fi…
The Latest: Greece eases more coronavirus restrictions
ATHENS, Greece — Movie theaters, casinos and children’s summer camps reopened in Greece on Monday, while concerts, conferences, commercial fairs and artistic events can once again be held, in the latest phase of th…
Liz Weston: Some taxpayers face a desperate wait for refunds
As a 58-year-old woman on disability, Robin Short of Wallingford, Connecticut, relies on her tax refund to catch up on bills. She filed her return electronically in February, opting for direct deposit so she could …