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…
NJ shatters its own sports betting record: $748M bet in Sept
ATLANTIC CITY, N.J. (AP) — New Jersey's fast-growing sports betting market blew past its own national record in September, taking in more than $748 million in bets from sports gamblers finally able to wager on foot…
CBS News rebuilds MTV's old 'TRL' studio for election night
NEW YORK (AP) — Watch out for Britney Spears and the Jonas Bros.: CBS News is building a new high-tech election night set in the Times Square studio where MTV's “Total Request Live” ruled the music world two decade…
EU chief self-isolates as virus makes its mark at a summit
BRUSSELS (AP) — As a fresh wave of the coronavirus sweeps across much of Europe, the reality of the disease struck a summit of European Union leaders on Thursday when one of the 27-nation bloc's top officials aband…
Cybercrime money-launders busted by European police, FBI
LISBON, Portugal (AP) — European and American officials said Thursday that they have arrested 20 people in several countries for allegedly belonging to an international ring that laundered millions of euros stolen …
Trump's election-eve drug discounts for seniors get snagged
WASHINGTON (AP) — President Donald Trump’s plan to mail millions of seniors a $200 prescription savings card has hit legal and budget roadblocks, making it unlikely the government can carry it out before Election D…
Gloves linked to forced labor in China stopped at LA port
WASHINGTON (AP) — A shipment of women’s gloves at a California port has been traced to a factory that uses forced labor of people caught up in a brutal crackdown on ethnic minorities in China, U.S. authorities said…
Pandemic hammers small businesses vital to economic recovery
WINCHESTER, Va. (AP) — In a normal year, hundreds of book lovers would have descended on Winchester this summer for Shenandoah University’s annual children’s literature conference.
Asia Today: Sydney lifts quarantine for N. Zealand travelers
SYDNEY (AP) — Australia’s largest city, Sydney, lifted quarantine restrictions on travelers from New Zealand on Friday while the second largest city, Melbourne, marked the 100th day of one of the world’s longest pa…
Alcoa, United Airlines fall; Cars.com, Sleep Number rise
Stocks that moved heavily or traded substantially Thursday:
UN: Europe's pandemic restrictions are absolutely necessary
LONDON (AP) — The head of the World Health Organization’s Europe office said the exponential surge of coronavirus cases across the continent has warranted the restrictive measures being taken, calling them “absolut…
Thousands arrive in Hawaii on first day pre-travel testing
HONOLULU (AP) — About 8,000 people landed in Hawaii on the first day of a pre-travel testing program that allowed travelers to come to the islands without quarantining for two weeks if they could produce a negative…
US long-term mortgage rates fall to low; 30-year at 2.81%
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week as the key 30-year loan reached a new all-time low for the tenth time this year.
How major US stock indexes fared Thursday
Stocks closed mostly lower on Wall Street Thursday, giving the S&P 500 its third straight loss this week.
Morgan Stanley 3Q profit rises 25%, helped by trading
CHARLOTTE, North Carolina (AP) — Morgan Stanley said Thursday that profit rose 25% in the third quarter from last year, as the investment bank benefitted from a boost in trading revenue as well as higher investment…
German water utility pulls plug on Tesla over unpaid bills
BERLIN (AP) — A German utility company says it has shut down the pipes supplying Tesla with water for the construction of a factory near Berlin because the automaker hasn't paid its bills.