Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Listings up, sales down in the Basin
MOSES LAKE — Washington home buyers had more to choose from this year, according to data released by the Northwest…
Croatia sets border restrictions for other Balkan countries
ZAGREB, Croatia (AP) — Croatia on Wednesday announced border restrictions for the citizens of several other Balkan countries after a spike in cases of the coronavirus and an outbreak at an exhibition tennis tournam…
Virus pummels commercial real estate, could end long boom
NEW YORK (AP) — Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in th…
IMF downgrades outlook for global economy in face of virus
WASHINGTON (AP) — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months a…
Greece slams Turkey's actions in Aegean, eastern Med
ATHENS, Greece (AP) — Greece’s foreign minister accused Turkey on Wednesday of undermining stability and security in the eastern Mediterranean and causing problems with all of its neighbors, while also violating Gr…
US agency probes touch-screen failures in Tesla Model S
DETROIT (AP) — Complaints that Tesla's giant touch screens can fail have drawn the attention of U.S. safety regulators.
Cambodia to provide cash to poor hit by COVID-19 outbreak
PHNOM PENH, Cambodia (AP) — Cambodia has established a program to give cash handouts to the country’s poorest households to alleviate the financial burden caused by the coronavirus.
Detroit police challenged over face recognition flaws, bias
A Black man who was wrongfully arrested when facial recognition technology mistakenly identified him as a suspected shoplifter wants Detroit police to apologize — and to end their use of the controversial technolog…
German state governor faces criticism over virus outbreak
GUETERSLOH, Germany (AP) — Authorities in Germany’s most populous state faced criticism Wednesday over their handling of a major coronavirus outbreak at a slaughterhouse that triggered a regional lockdown and saw r…
Global shares turn lower as coronavirus cases surge
TOKYO (AP) — Global stock markets turned lower on Wednesday amid fears over surging coronavirus cases in various parts of the world.
Croatia mulls border restrictions for other Balkan countries
ZAGREB, Croatia (AP) — Croatia on Wednesday was mulling whether to partially restore border restrictions for the citizens of several other Balkan countries after a spike in cases of the coronavirus and an outbreak …
Germany bans single-use plastic straws, food containers
BERLIN (AP) — Germany is banning the sale of single-use plastic straws, cotton buds and food containers, bringing it in line with a European Union directive intended to reduce the amount of plastic garbage that pol…
Before pandemic, Czech Budvar beer sales hit a record
PRAGUE (AP) — Beer production at Budvar, which has been in a long legal dispute with U.S. giant Anheuser-Busch over use of the “Budweiser” brand, increased last year to the highest level in the brewer’s 124-year hi…
Algeria's government shaken up amid oil, virus troubles
ALGIERS, Algeria (AP) — Algeria's president has reshuffled the government to try to fix growing economic problems linked to the country's dependence on oil revenues and fallout from virus-related restrictions on pr…
German business confidence rises for 2nd consecutive month
BERLIN (AP) — German business confidence has risen for the second consecutive month, a closely watched survey showed Wednesday. The result was slightly better than economists' expectations.
US virus cases surge to highest level in 2 months
BEIJING (AP) — New coronavirus cases in the U.S. have surged to their highest level in two months and are now back to where they were at the peak of the outbreak.