Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Port of Moses Lake to build electrical generation, transmission lines
MOSES LAKE — The Port of Moses Lake will start construction of electrical transmission lines between port property…
Thwarting ‘porch pirates’ this holiday season
MOSES LAKE — ’Tis the season to give and receive. With the rise in e-commerce, it’s also a time when packages ordered or sent land on porches across the countr…
Russian sentenced to French prison for bitcoin laundering
PARIS (AP) — A Russian bitcoin expert at the center of a multi-country legal tussle was sentenced in Paris on Monday to five years in prison for money laundering and ordered to pay 100,000 in fines in a case of sus…
Federal officials hear arguments on Enbridge pipeline tunnel
TRAVERSE CITY, Mich. (AP) — Building an oil pipeline tunnel beneath a channel linking two of the Great Lakes would risk environmental devastation, opponents said Monday, while supporters argued that rejecting the p…
As virus slams rural California, many still pan restrictions
REDDING, Calif. (AP) — Brenda Luntey is openly violating California’s order to close her restaurant to indoor dining. But she wants her customers and critics to know she isn't typically a rule-breaker. It’s a matte…
Survey: Business economists see full recovery by end of 2021
NEW YORK (AP) — The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year as vaccin…
Amid pandemic, grants keep Army veteran's business afloat
FAYETTEVILLE, N.C. (AP) — Nicole Walcott’s lip started to quiver as she turned her misty gaze away from a reporter’s question. “I don’t want to cry on camera,” the 33-year-old said when asked why she’s fought tooth…
EU invites Biden to usher in new era for trans-Atlantic ties
BRUSSELS (AP) — The European Union on Monday invited U.S. President-elect Joe Biden to help mend tattered trans-Atlantic ties and urged him to join it in a long-term “strategic dialogue” that would address global i…
EU tells online platforms to better explain search rankings
LONDON (AP) — Internet companies such as Google and Amazon should be more transparent in explaining how the search rankings work on their platforms, the European Commission said in guidelines released Monday.
Dry autumn in Germany forces Rhine shippers to cut loads
BERLIN (AP) — Months of low rainfall have left Rhine short of water, forcing inland shippers on Germany's longest river to reduce their loads by half to avoid running aground.
Families of shooting victims sue sellers of 'ghost guns'
LOS ANGELES (AP) — Families of those killed and wounded in a rural California shooting rampage three years ago are suing manufacturers and sellers of “ghost gun” kits that provide easy-to-assemble firearm parts tha…
Asian stocks follow Wall St lower amid virus worries
BEIJING (AP) — Asian stock markets followed Wall Street lower on Tuesday as surging coronavirus infections in the United States and some other countries tempered investor optimism about development of possible vacc…
Nationstar Mortgage to refund $73M to borrowers under order
CHARLOTTE, N.C. (AP) — Nationstar Mortgage, which operates under the brand Mr. Cooper, was ordered to repay $73 million to roughly 40,000 homeowners for repeatedly failing to provide even the most basic operations …
Australia to reveal laws to make Google and FB pay for news
CANBERRA, Australia (AP) — Australia’s government will reveal legislation in Parliament on Wednesday that would make Facebook and Google pay for journalism.
Virus talks drag on liability as Congress preps stopgap aid
WASHINGTON (AP) — Lawmakers are giving themselves more time to sort through their end-of-session business on government spending and COVID-19 relief, preparing a one-week stopgap spending bill that would prevent a …
US credit card balances fall, though overall borrowing rises
WASHINGTON (AP) — U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases.