Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Spring into a new home
MOSES LAKE — Spring is just about here, and that’s the prime home-buying season, said Steve Tagnolli, vice preside…
Tesla balks at touch screen recall, US agency takes action
DETROIT (AP) — Tesla Inc. is balking at recalling about 159,000 vehicles with potentially defective touch screens, so U.S. safety regulators are moving to force the company to take action.
Powerball jackpot hits $550M as Mega Millions grows to $750M
DES MOINES, Iowa (AP) — Another night, another chance to win a giant lottery jackpot.
Proposed corporate tax hike in California would aid homeless
SAN FRANCISCO (AP) — A California coalition is proposing legislation to boost taxes on wealthy multinational corporations to raise more than $2 billion a year to house tens of thousands of homeless people, addressi…
Risky driving: US traffic deaths up despite virus lockdowns
DETROIT (AP) — The number of people killed on the nation's highways rose 4.6% in the first nine months of 2020 despite coronavirus lockdowns that curtailed driving early in the year.
The Latest: Montana governor lifting pandemic restrictions
HELENA, Mont. — Montana Gov. Greg Gianforte is removing pandemic mandates issued by his predecessor.
Nigerian diplomat's family sues Boeing over 737 Max crash
CHICAGO (AP) — The family of a longtime Nigerian diplomat killed in the 2019 crash of a Boeing 737 Max in Ethiopia has joined litigation against the company in U.S. federal court.
Business Highlights
___
Apple, utility each give $25M to Black college learning hub
ATLANTA (AP) — Apple and a major utility are each giving $25 million to launch a learning center and business incubator for students of historically Black colleges and universities, part of an outpouring of giving …
FAA steps up enforcement against unruly airline passengers
Federal safety officials said Wednesday they stepping up enforcement against unruly airline passengers after confrontations on flights to and from Washington, D.C., around the time of the riot at the U.S. Capitol b…
WhatsApp growth slumps as rivals Signal, Telegram rise
OAKLAND, Calif. (AP) — Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Google’s app stores. Facebook-owned WhatsApp, by contrast, is seeing its growth decline follow…
Intel, KB Home rise; Big Lots, Urban Outfitters fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
The Latest: Las Vegas hospital declares capacity crisis
LAS VEGAS — A Las Vegas hospital says it declared a capacity crisis over the weekend, citing a surge of COVID-19 patients that overfilled its intensive care unit.
A record year for NJ sports betting; casinos, not so much
ATLANTIC CITY, N.J. (AP) — New Jersey took nearly $1 billion worth of sports bets in December, an encouraging finish to a year in which coronavirus closures and restrictions sent overall gambling revenue down nearl…
Hawley, facing fallout, blames media, D.C. 'establishment'
O'FALLON, Mo. (AP) — Republican Missouri Sen. Josh Hawley, facing waning support from longtime backers and donors in the wake of the
Wall Street drifts higher; Treasury yields slow their rise
Stocks notched modest gains Wednesday following another choppy day of trading on Wall Street, leaving the market near its recent record highs.