Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
STCU to open new Othello building
OTHELLO — Spokane Teachers Credit Union’s Othello branch is moving July 1, according to Vice President and Communi…
Didn't get your relief payment yet? You aren't alone
Didn't get your second relief check yet? You aren't alone.
Revamped Detroit plant to start making new Jeep by March 31
DETROIT (AP) — A revamped version of the Jeep Grand Cherokee SUV with three rows of seats will roll off the assembly line this spring at a restored Detroit factory complex.
Iowa governor, aides appear in PR video for no-bid vendor
IOWA CITY, Iowa (AP) — Iowa's governor and four aides helped make a marketing video for a Utah company that was awarded no-bid contracts for work on the coronavirus pandemic, a move that has raised allegations of f…
New Mercedes screen to stretch nearly full width of car
FRANKFURT, Germany (AP) — Daimler's Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost the entire width of the car in the pla…
Facebook extends ban on Trump's use of Facebook account through inauguration, saying risk of his posts is 'too great'
MENLO PARK, Calif. (AP) — Facebook extends ban on Trump's use of Facebook account through inauguration, saying risk of his posts is 'too great.'
US long-term mortgage rates hit new lows; 30-year at 2.65%
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week to new record lows for the first week of 2021.
Wall Street keeps rising on Democratic wins, stimulus hopes
Major U.S. stock indexes surged to all-time highs Thursday as Wall Street bet that the Democratic sweep of Washington means more stimulus is on the way for the economy.
US services sector grows for seventh consecutive month
SILVER SPRING, Md. (AP) — The U.S. services sector, where most Americans work, grew for the seventh consecutive month in December even as coronavirus cases surged through the holidays.
Retail's online future grows brighter after pandemic bump
Online shopping has been a lifeline for many as the virus pandemic shuttered stores and kept people at home.
Deadly Norwegian landslide will cost at least $107 million.
COPENHAGEN, Denmark (AP) — A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a financial body said Thur…
Stocks rise on Wall Street after Congress blesses Biden win
NEW YORK (AP) — Stocks are getting back to rallying on Wall Street after Congress, in a late-night session, certified Democrat Joe Biden’s Electoral College victory. The S&P 500 rose 0.8% in the early going Thursda…
US trade deficit jumps to $68.1 billion in November
WASHINGTON (AP) — The U.S. trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge in imports overwhelmed a smaller increase in exports.
US jobless claims dip to still-high 787,000 as layoffs remain elevated with economy in grip of virus
WASHINGTON (AP) — US jobless claims dip to still-high 787,000 as layoffs remain elevated with economy in grip of virus.
Walgreens tops fiscal 1Q forecasts as it fights pandemic hit
Walgreens Boots Alliance lost $308 million in its first fiscal quarter on a big charge tied to its stake in the drug wholesaler AmerisourceBergen.
US unemployment claims slip to still-high 787,000
WASHINGTON (AP) — The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for n…