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…
Chuck Yeager, 1st to break sound barrier, dies at 97
GRASS VALLEY, Calif. (AP) — Retired Air Force Brig. Gen. Charles “Chuck” Yeager, the World War II fighter pilot ace and quintessential test pilot who showed he had the “right stuff” when in 1947 he became the first…
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Norway intel: Russians likely behind parliament hacking
COPENHAGEN, Denmark (AP) — Norway’s domestic security agency said Tuesday that Russian hackers linked to Russia’s military intelligence service GRU are “likely” behind a cyberbreach earlier this year of the Norwegi…
IPO caps year of growth - but still no profit - for DoorDash
DoorDash is capping a year of explosive growth with an initial public offering of its stock, hoping to keep the momentum going even if demand for food delivery eases in a post-pandemic world.
Google and FB risk big fines under draft Australian news law
CANBERRA, Australia (AP) — Google and Facebook would risk multimillion-dollar fines if they failed to comply with proposed legislation introduced into the Australian Parliament on Wednesday that would make the tech…
Asia Today: S. Korea sees 686 new cases, 2nd-biggest spike
SEOUL, South Korea (AP) — South Korea has reported 686 new cases of the coronavirus, tying its second-highest daily jump since the emergence of the pandemic, as a resurgence driven by the greater capital area threa…
IPO caps year of growth - but still no profit - for DoorDash
DoorDash is capping a year of explosive growth with an initial public offering of its stock, hoping to keep the momentum going even if demand for food delivery eases in a post-pandemic world.
The Latest: Hong Kong re-imposes restaurant dining bans
HONG KONG — Hong Kong is re-imposing a ban on in-restaurant dining after 6:00 p.m. and closing gyms, beauty parlors and other businesses and public venues as it tries to get a grip on the latest wave of coronavirus…
DoorDash sets share price at $102 ahead of Wednesday IPO
DoorDash has priced its shares at $102 apiece heading into its stock market debut Wednesday, valuing the 7-year-old food delivery company at nearly $39.
The Latest: Canadian province ups restrictions amid surge
EDMONTON, Alberta — Canada's Alberta is restricting restaurants and bars to delivery or takeout and closing casinos and gyms in an effort to fight the highest rate of new coronavirus infection of any province in th…
Senate OKs Trump pick for FCC, adding hurdle to Biden plans
WASHINGTON (AP) — The Senate has narrowly approved President Donald Trump’s lame-duck nominee to become a member of the Federal Communications Commission, setting up the agency for a stretch of partisan gridlock li…
How major US stock indexes fared Tuesday
Stocks closed higher on Wall Street Tuesday, delivering another round of record highs for major indexes.
Stitch Fix, Smartsheet rise; Toll Brothers, Coupa fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Tesla seeks to sell $5B in stock; CEO Musk moves to Texas
Tesla said Tuesday it is looking to raise up to $5 billion in capital through a stock offering. The announcement came on the same day CEO Elon Musk said he has moved his home to Texas from California.
Steady gains for stocks deliver more records on Wall Street
Technology and health care companies helped drive stocks to more gains Tuesday, leading to another round of milestones on Wall Street.