Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin home prices up overall
MOSES LAKE — Home prices were up across most of the Columbia Basin in August, the latest month for which informati…
Corporate debt loads a rising risk as virus hits economy
WASHINGTON (AP) — A gyrating stock market is seizing headlines as the coronavirus threatens corporate profits and economic growth. Yet it's in the normally temperate bond market, where companies go to borrow money,…
UK interest rates cut, funds freed up to ease virus impact
LONDON (AP) — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) stimulus package and the Bank of England sl…
FAA grounds operator that ran flights for pro sports teams
DALLAS (AP) — Federal officials have grounded a charter operator that carried professional baseball and hockey teams, saying the company and its pilots weren’t authorized for the kind of commercial venture they ope…
Fuel, flour, diapers: Cubans turn to social media for basics
HAVANA (AP) — “Where to find it?” and “Whatever you want” and “What do you need?”
A look at what happens when stocks enter a bear market
Stocks' staggering skid that began less than three weeks ago has pulled Wall Street into what’s known as a bear market.
Hungary trial opens over Danube River crash; captain blamed
BUDAPEST, Hungary (AP) — The captain of a river cruise ship wasn't concentrating on his steering duties for at least five minutes as it collided and sank a much smaller sightseeing boat in Budapest last summer, Hun…
Business Highlights
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Ex-Canadian football player to plead guilty in college scam
BOSTON (AP) — A former Canadian Football League player will plead guilty to paying $200,000 to have someone take a college entrance exam in place of his two sons as part of an admissions cheating scheme, federal pr…
Trump ban on travel from Europe escalates pain for airlines
President Donald Trump's decision Wednesday to impose a 30-day ban on most Europeans entering the United States is the latest stunning setback for an airline industry that is reeling from a drop in bookings and a s…
Judge: Woman defamed Steve Wynn with police report of rape
LAS VEGAS (AP) — A Nevada judge has ruled a woman defamed former casino mogul Steve Wynn when she reported to Las Vegas police in 2018 that Wynn raped her in Chicago in the early 1970s and that she gave birth to hi…
FAA waives rules that led airlines to fly empty planes
Federal regulators waived a rule Wednesday that was causing airlines to fly nearly empty planes just to avoid losing takeoff and landing rights at major airports.
Coronavirus could take big bite out of California budget
SACRAMENTO, Calif. (AP) — From cruise ships to quarantines to school closures, California leaders have had plenty to worry about with the rapid spread of the coronavirus.
Saudi, UAE economies rocked by plunging oil prices and virus
DUBAI, United Arab Emirates (AP) — It's been a turbulent week for Saudi Arabia and the United Arab Emirates, and it's only Wednesday. Already pained by years of economic slowdown and unpopular austerity measures, G…
The Latest: Stock futures signal more losses in US markets
NEW YORK (AP) — The Latest on the action in the financial markets (all times local):
Senate energy bill falls apart amid dispute over coolants
WASHINGTON (AP) — It was supposed to be a bipartisan moment for the Senate.