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…
Subsidiary of Goldman Sachs pleads guilty, agrees to $2B settlement in foreign corruption probe of Malaysian wealth fund
WASHINGTON (AP) — Subsidiary of Goldman Sachs pleads guilty, agrees to $2B settlement in foreign corruption probe of Malaysian wealth fund.
Walmart sues US in pre-emptive strike in opioid abuse battle
NEW YORK (AP) — Walmart is suing the U.S. government in a pre-emptive strike in the battle over its responsibility in the opioid abuse crisis.
Business Highlights
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Analysis: Racial inequity in who takes career, tech courses
Alphina Kamara wonders what might have happened if she’d been introduced to science and engineering careers at her high school in Wilmington, Delaware.
British Airways parent company slashes passenger forecast
LONDON (AP) — The parent company of British Airways has cut its fourth-quarter passenger forecast to just 30% of last year’s level as government restrictions imposed to control a new wave of coronavirus infections …
AP Explains: Why are UK and EU still arguing over Brexit?
LONDON (AP) — It’s more than four years since Britain voted to leave the European Union, and almost a year since Prime Minister Boris Johnson won an election by vowing to “get Brexit done.”
Goldman Sachs subsidiary pleads to US charges in 1MDB probe
WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted o…
Turkey central bank keeps rate on hold despite currency drop
ISTANBUL (AP) — Turkey’s Central Bank kept its key interest rate on hold at 10.25% on Thursday, despite market expectations for an increase that would help support the currency.
US: Russian hackers targeting state, local networks
WASHINGTON (AP) — U.S. officials said Thursday that Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, stealing data from at least two servers. …
US long-term mortgage rates hit new low; 30-year at 2.80%
WASHINGTON (AP) — U.S. long-term mortgage rates slipped this week as the key 30-year loan marked a new all-time low for the 11th time this year.
California court says Uber, Lyft drivers are employees
SAN FRANCISCO (AP) — A California appeals court on Thursday upheld an order requiring Uber and Lyft to treat their California drivers as employees instead of independent contractors, less than two weeks before vote…
Gap Inc. exiting malls, to shutter 350 stores by 2024
NEW YORK (AP) — Gap Inc. is moving away from the nation’s malls.
The Latest: UN chief urges G20 to unite on coronavirus fight
UNITED NATIONS — The U.N. chief says it’s “very frustrating” that leaders of the 20 major industrialized nations didn’t come together in March and establish a coordinated response to grapple with the coronavirus in…
The Latest: Mask mandate lifted in Idaho area hit by virus
BOISE, Idaho — A regional health board in northern Idaho has voted narrowly to repeal a local mask mandate, acting moments after hearing how the region's hospital has been overwhelmed with COVID-19 patients and is …
Walmart sues US in pre-emptive strike in opioid abuse battle
NEW YORK (AP) — Walmart is suing the U.S. government in a pre-emptive strike in the battle over its responsibility in the opioid abuse crisis.