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…
Airbnb sets up endowment, council for hosts ahead of IPO
Airbnb is setting up an endowment fund to support its 4 million hosts as part of its upcoming initial public offering.
McDonald's cult classic, the McRib, is coming back
NEW YORK (AP) — McRib, the fast food sandwich that went viral before viral was a thing, is back.
Tech giants report strong results, but murky outlooks
Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they work to rebound from a pandemic-related economic slowdown earlier this year.
Chinese manufacturing expands in October but at slower pace
BEIJING (AP) — China’s manufacturing activity expanded in October for the eighth straight month, though at a slightly slower rate than in September, the National Bureau of Statistics said Saturday.
The Latest: China reports 6 new cases in far west outbreak
BEIJING — China has reported six new confirmed cases of COVID-19 in an outbreak in Xinjiang, bringing the total in the far-west region to 51.
US agency sets rules for cruise ships to start sailing again
NEW YORK (AP) — Federal health officials on Friday issued new rules that will enable large cruise ships to start sailing again in U.S. waters, though not immediately.
Business Highlights
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The Latest: COVID-19 spreads more extensively in new study
NEW YORK CITY — The coronavirus can spread more extensively in households than previous research suggests, and kids can transmit it at about the same rate as adults do, according to a new study.
Walmart returns guns and ammunition to US store displays
NEW YORK (AP) — Walmart has reversed course, announcing it is returning ammunition and firearms to their displays in its U.S. stores.
Apple, Twitter fall; Alphabet, Colgate-Palmolive rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Friday:
How major US stock indexes fared Friday
Losses in big technology companies drove more losses on Wall Street Friday, as the S&P 500 closed out October with its first back-to-back monthly decline since March.
GM hires new chief financial officer from Delta Airlines
DETROIT (AP) — General Motors has hired away Delta Airlines' CFO to fill the automaker's top financial job.
Tech losses drive Wall Street down again, ending grim week
Wall Street closed out another punishing week Friday with the S&P 500 posting its first back-to-back monthly loss since the pandemic first gripped the economy in March.
The Latest: Ga Gov. Kemp in quarantine after virus exposure
ATLANTA — Georgia Gov. Brian Kemp and his wife have gone into quarantine after being exposed to someone who tested positive for the coronavirus.
Puerto Rico debt restructuring hits snag in public clash
SAN JUAN, Puerto Rico (AP) — A plan to pull Puerto Rico out of a type of bankruptcy by 2021 hit a major obstacle Friday when a new member that U.S. President Donald Trump appointed to a federal control board overse…