Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin home prices steady; closing costs drop in WA
MOSES LAKE — Basin home prices have stayed fairly steady in the larger communities this year, varying by 5-9 perce…
Zoom reports big 3Q gains, but slowing growth sinks stock
SAN RAMON, Calif. (AP) — Zoom’s videoconferencing service remains a fixture in pandemic life, but its breakneck growth is showing signs of tapering off as investors debate whether the company will be able to build …
Poland, Hungary PMs meet over EU budget veto strategy
WARSAW, Poland (AP) — Poland and Hungary have declared openness to new proposals from the European Union regarding the bloc's next budget and major coronavirus pandemic aid package that they are threatening to veto…
Congress returns with virus aid, federal funding unresolved
WASHINGTON (AP) — After months of shadowboxing amid
Philip Green's retail empire Arcadia calls in administrators
LONDON (AP) — Arcadia Group, the sprawling British retail empire that includes Topshop and has been run by billionaire Philip Green since 2002, was placed into a type of bankruptcy protection on Monday, a move that…
Scottish leader says she could seek 2021 independence vote
LONDON (AP) — Scotland’s leader said Monday that she hopes to hold an independence referendum as soon as next year, setting up a political showdown with a U.K. government that refuses to countenance another secessi…
India's govt. invites protesting farmers to talks Tuesday
NEW DELHI (AP) — India's government has moved up talks to Dec. 1 with the leaders of farm groups protesting new agricultural laws in the country's biggest farmer protests in years that have entered their fifth day.
Mexico sets another $11.5 billion in infrastructure projects
MEXICO CITY (AP) — Mexico announced another round of 29 private and public infrastructure projects Monday worth about $11.5 billion which are expected to break ground by the end of 2021.
Holiday air travel surges despite dire health warnings
Nearly 1.2 million people passed through U.S. airports Sunday, the largest number since the pandemic gripped the country in March, despite pleas from health experts for Americans to stay home over Thanksgiving.
Data is king on Wall Street; 2 providers join in $44B deal
The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the b…
Asian stocks gain on stronger Chinese factory data
BEIJING (AP) — Asian stocks rose Tuesday after Chinese manufacturing improved, with investors looking ahead to U.S. Federal Reserve Chairman Jerome Powell’s appearance before legislators.
This holiday season, everyone is shopping from home
NEW YORK (AP) — The viral pandemic is accelerating a transformation of America's holiday shopping season.
Greece: Critics warn virus test price caps may slash testing
ATHENS, Greece (AP) —
GM rethinks planned stake in electric vehicle maker Nikola
NEW YORK (AP) — General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pick…
UN: Skiing may not spread coronavirus but slopes still risky
GENEVA (AP) — As several European countries have suspended access to the ski slopes to stop the spread of the coronavirus pandemic, the World Health Organization’s emergencies chief said the risk of catching COVID-…
How major US stock indexes fared Monday
Stocks ended lower Monday, giving back some of their recent gains, but the S&P 500 still closed out November with its biggest monthly rise since April.