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…
Tiffany agrees to revised terms on LVMH takeover deal
NEW YORK (AP) — The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from from LVMH in Paris.
The Latest: UK govt rejects re-imposing a national lockdown
LONDON -- The British government is insisting that a national lockdown would not be the right approach to deal with the resurgence of the coronavirus even as other countries in Europe are choosing variations of tha…
S. Korea's top court upholds ex-leader's 17-year jail term
SEOUL, South Korea (AP) — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soo…
France braces for monthlong lockdown as virus deaths mount
PARIS (AP) — French doctors expressed relief but business owners were in despair as France prepared Thursday to shut down again for a month to try to put the brakes on a fast-moving fall coronavirus outbreak.
World shares mixed, US futures up after S&P 500 sinks 3.5%
European shares opened higher Thursday after Asian shares logged moderate losses following a sell-off on Wall Street sparked by surging coronavirus counts and fresh pandemic shutdown measures.
The Latest: Belgian hospitals hit record for virus patients
BRUSSELS — The number of patients in Belgian hospitals is now higher than during the first wave of the coronavirus crisis.
Airbus reports new pandemic losses, but stops bleeding cash
PARIS (AP) — Struggling plane maker Airbus says new European virus lockdown measures are making its life “a bit more difficult,” as it announced 1 billion euros ($1.16 billion) in pandemic-related losses for the th…
Port cuts ribbon on industrial park road
On Wednesday afternoon, Grant County Commissioner Cindy Carter, Port of Moses Lake Commissioner Stroud Kunkle, and Moses Lake Mayor David Curnel cut the ribbon…
VW recalls Jettas to fix fuel leaks that can cause fires
DETROIT (AP) — Volkswagen is recalling more than 218,000 Jetta sedans in the U.S. to fix a fuel leak problem that can cause fires.
General Electric, First Solar rise; Callaway, Carnival fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
The Latest: India capital has its worst 1-day virus caseload
NEW DELHI — India’s tally of confirmed coronavirus cases is moving closer to 8 million, with 43,893 new cases reported for the latest 24-hour period.
Asian stocks fall on worries over rising virus cases, US aid
TOKYO (AP) — Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy.
Brown trucks everywhere as world shelters, UPS has a big 3Q
ATLANTA (AP) — UPS, whose brown delivery trucks have become omnipresent on neighborhood streets during the pandemic, said profits and revenue surged in its most recent quarter.
Sony's profits rise as pandemic has people playing games
TOKYO (AP) — Profit at Japanese electronics and entertainment company Sony Corp. more than doubled in the last quarter on healthy gains in its video game sector, as people stayed home during the pandemic, the compa…
Norfolk Southern's 3Q profit down 13% as railroad hauls less
OMAHA, Neb. (AP) — Norfolk Southern's third-quarter profit fell more than 13% as the railroad delivered fewer shipments and the results were weighed down by a one-time charge.