Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
The Way Cafe opens in Moses Lake
MOSES LAKE — It had only been open about an hour and a half, but already The Way Cafe was bustling Tuesday morning.
Federal utility fined $900K for nuclear violations, coverup
Federal regulators have fined the nation's largest public utility more than $900,000 for violating procedures during the startup of a Tennessee nuclear reactor and subsequently misleading investigators. Two manager…
Tribe chairman charged with bribery in casino development
BOSTON (AP) — The longtime chairman of a Massachusetts tribe and an architecture firm owner have been charged in a bribery scheme involving the tribe’s plans to build a resort casino, federal prosecutors said Frida…
Banker gets 1-year term for coronavirus relief funds fraud
ALEXANDRIA, Va. (AP) — A northern Virginia banker who admitted illegally receiving $1.4 million in fraudulently obtained coronavirus relief funds has been sentenced to a year in prison.
G-20 agrees on framework for more debt relief amid COVID-19
DUBAI, United Arab Emirates (AP) — The Group of 20 nations, representing the world’s biggest economies, announced Friday that low-income countries hardest hit by the fallout of the coronavirus pandemic could potent…
Trump skips Southeast Asia summit for third year in a row
HANOI, Vietnam (AP) — President Donald Trump skipped a summit with his Southeast Asian counterparts for the third year in a row on Saturday, with rival China set to expand its influence with a massive free trade de…
Wall Street shrugs, stocks rise even as Trump won't concede
NEW YORK (AP) — A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty.
Delivery giant DoorDash plans IPO
NEW YORK (AP) — Delivery giant DoorDash Inc. is planning to sell its stock to the public, capitalizing on the growing trend of consumers embracing app-based deliveries as much of the world stays home during the pan…
As virus cases rise, Southwest sees slower travel recovery
DALLAS (AP) — Southwest Airlines cautioned Thursday that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States.
SpaceX crew flight delayed; Musk gets mixed COVID-19 results
CAPE CANAVERAL, Fla. (AP) — SpaceX delayed its second astronaut flight by a day because of high wind and weather conditions that could jeopardize the recovery and recycling of the rocket booster, pushing the launch…
GM recalling nearly 69K Bolt electric cars due to fire risk
DETROIT (AP) — General Motors is recalling nearly 69,000 Chevrolet Bolt electric cars worldwide because the batteries have caught fire in five of them.
Nissan's damages case against absent Ghosn opens in Japan
TOKYO (AP) — A civil court trial began Friday in Japan over Nissan’s demand for 10 billion yen, or $95 million, in damages from its former chairman, Carlos Ghosn.
Volunteers spend Sundays to help Singapore's less fortunate
SINGAPORE (AP) — Fion Phua has been volunteering for so long, she is nicknamed Robin Hood for her efforts helping the poor. Singapore's partial lockdown as the coronavirus was spreading in April left her fretting o…
Cisco Systems, DraftKings rise; Digirad falls
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
Michigan governor seeks shutdown of Great Lakes oil pipeline
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Gretchen Whitmer took legal action Friday to shut down a pipeline that carries oil beneath a channel linking two of the Great Lakes.
Asia Today: S. Korea begins fining people not wearing masks
SEOUL, South Korea (AP) — South Korea has reported its biggest daily jump in COVID-19 cases in 70 days as the government began fining people who fail to wear masks in public.