Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
Huawei selling smartphone unit in face of US sanctions
BEIJING (AP) — Chinese tech giant Huawei is selling its Honor smartphone brand in an effort to rescue the struggling business from damaging U.S. sanctions imposed on its parent company.
Chinese investors buying Huawei’s Honor smartphone unit in attempt to rescue it from damaging U.S. sanctions
BEIJING (AP) — Chinese investors buying Huawei’s Honor smartphone unit in attempt to rescue it from damaging U.S. sanctions.
The Latest: La. landlords sue over CDC eviction moratorium
MONROE, La. — Louisiana landlords have filed a federal lawsuit seeking to overturn a moratorium on evictions ordered by the CDC to avoid spreading the novel coronavirus.
'More people may die': Biden urges Trump to aid transition
WILMINGTON, Del. (AP) — President-elect Joe Biden on Monday warned of dire consequences if President Donald Trump and his administration continue to refuse to coordinate with his transition team on the coronavirus …
Buffett's firm trims Apple stake, invests in drugmakers
OMAHA, Neb. (AP) — Warren Buffett's company has trimmed its huge stake in Apple and added new investments in several drugmakers while tweaking several other holdings in its stock portfolio.
Tesla will be added to the benchmark S&P 500 index Dec. 21
NEW YORK (AP) — Tesla will be added to the S&P 500 index on Dec. 21. Based on its market value Monday, the electric car maker would be one of the top 10 companies in the benchmark index upon entry.
Airbnb details years of losses ahead of planned IPO
Airbnb was losing money even before the pandemic struck and cut its revenue by almost a third, the home-sharing company revealed in documents filed Monday ahead of a planned initial public offering of its stock.
Dow returns to record, S&P 500 adds to its on vaccine hopes
NEW YORK (AP) — The Dow Jones Industrial Average rose to a record Monday for the first time in nine months, riding a swell of optimism that a
Trump administration takes steps toward refuge lease sale
JUNEAU, Alaska (AP) — The Trump administration is taking steps toward a lease sale within the Arctic National Wildlife Refuge, an area President-elect Joe Biden has said he would move to protect from oil and gas dr…
Dow closes at a record high as hopes build for a vaccine
NEW YORK (AP) — The Dow Jones Industrial Average closed at a record high Monday, erasing the last of its pandemic losses, after a second drug company announced encouraging progress on developing a coronavirus vacci…
Moderna, HD Supply rise; Casper Sleep, Virgin Galactic fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
The Latest: More than 1 million U.S. kids have had COVID-19
The number of U.S. infants, children and teens diagnosed with COVID-19 has surpassed 1 million, according to data released Monday by the American Academy of Pediatrics and the Children’s Hospital Association.
Dow closes at a record high for first time since February, recouping its pandemic losses, as hopes build for a vaccine
NEW YORK (AP) — Dow closes at a record high for first time since February, recouping its pandemic losses, as hopes build for a vaccine.
The Latest: Biden cites importance of sharing vaccine plans
WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local):
California governor imposes new restrictions in pandemic
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom said he was pulling the “emergency brake” Monday on reopening the state's economy as coronavirus cases surge at the fastest rate since the start of the outbrea…