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…
China launches final satellite in GPS-like Beidou system
BEIJING (AP) — China on Tuesday launched the final satellite in its Beidou constellation that emulates and may seek to compete with the U.S. Global Positioning System, marking a further step in the country's advanc…
The Latest: New Zealand reports 2 new coronavirus cases
WELLINGTON, New Zealand —- New Zealand has reported two new cases of the coronavirus as a trickle of infected people continue to arrive at the border.
US warns against Mexican sanitizer gel containing methanol
MEXICO CITY (AP) — The U.S. Food and Drug Administration has issued a warning about a Mexican-made hand sanitizer gel that it said is dangerous because it contains large amounts of poisonous methanol, or wood alcoh…
Germany condemns weekend violence, looting in Stuttgart
German Chancellor Angela Merkel and the country’s top security official on Monday decried an outburst of violence at the weekend in the southwestern city of Stuttgart, where hundreds of people attacked stores, vehi…
Atlantic City casinos reopening July 2, with masks mandatory
ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos will be able to reopen July 2 at 25% capacity and everyone inside the building wearing masks, New Jersey Gov. Phil Murphy said Monday.
Supreme Court rules SEC can recoup money in fraud cases
WASHINGTON (AP) — The Supreme Court on Monday preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud cases.
Businesses in survival mode raise cash; commodities take off
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 …
Existing home sale plunge 9.7% in 3rd straight monthly drop
WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market.
Asia Today: Virus sets off new school closures in Australia
MELBOURNE, Australia (AP) — Australia’s Victoria state has recorded 17 new cases of COVID-19, resulting in the closing of two primary schools in Melbourne. State Premier Daniel Andrews said there would be “signific…
New Zealand seizes $90M from Russian bitcoin fraud suspect
WELLINGTON, New Zealand (AP) — New Zealand police said Monday they have seized $90 million from Alexander Vinnik, a Russian bitcoin fraud suspect who is in French custody but is also wanted in the United States.
UN: Pandemic appears to be peaking in several big countries
GENEVA (AP) — A record level of new daily COVID-19 cases worldwide could suggest the pandemic is peaking in some large countries, even as the coronavirus has become "well established" in some regions, the World Hea…
Asian shares mostly higher as US reports surging virus cases
BANGKOK (AP) — Shares were mostly higher Monday in Asia despite reports that the number of coronavirus cases in the U.S. and worldwide has surged sharply.
How major US stock indexes fared Monday
Stocks on Wall Street shook off a choppy start and closed higher Monday, extending the market's gains from last week.
Greece sees 99% drop in travel revenue during April lockdown
ATHENS, Greece (AP) — The restrictions on travel and business imposed to stem the coronavirus's spread wiped out nearly all travel revenue for Greece in April, according to Bank of Greece figures.
EU urges China to move on trade, back off in Hong Kong
BRUSSELS (AP) — Top European Union officials on Monday pressed China’s leaders to open the country’s markets further to European companies, show stronger leadership in reforming world trade’s governing body and ste…