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…
Europe, US reel as virus infections surge at record pace
Coronavirus cases around the world have climbed to all-time highs of more than 330,000 per day as the scourge comes storming back across Europe and spreads with renewed speed in the U.S., forcing many places to rei…
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.
IMF warns global economy could be permanently scarred
WASHINGTON (AP) — The global economy's recovery from the pandemic recession is tentative and uneven and “marked by significant uncertainty” as confirmed coronavirus cases spread in many countries, international fin…
DOJ charges Texas billionaire in $2 billion tax fraud scheme
SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American.
Shares of Chinese retailer Miniso jump in 1st day of trading
HONG KONG (AP) — Shares of Miniso Group Holding jumped in their first day of trading, while the broader markets were on pace for their third straight loss this week.
EU: Brexit trade talks to go on past Thursday deadline
BRUSSELS (AP) — European Union chief negotiator Michel Barnier said Brexit trade negotiations will continue past Thursday’s deadline set by U.K. Prime Minister Boris Johnson, and could continue into next month.
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…
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.
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 …
As election uncertainty sweeps markets, the pros hold steady
NEW YORK (AP) — This presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones.
Philippines lifts ban on South China Sea energy exploration
MANILA, Philippines (AP) — The Philippine president has approved the lifting of a ban on oil and gas exploration in or near disputed areas of the South China Sea that was imposed six years ago because of escalating…
Finance minister says Iraq's leaders willing to make reforms
BAGHDAD (AP) — Iraq's finance minister said Thursday there is growing political will to undertake drastic reforms needed for the country to tackle a daunting liquidity crisis, which has pushed Iraq to the brink of …
The Latest: Dr. Fauci: Rethink usual plans for Thanksgiving
WASHINGTON -- Dr. Anthony Fauci says Americans should rethink their usual plans for Thanksgiving gatherings, citing increased coronavirus infections and hospitalizations.
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.
The Latest: France sets curfew; health staff march in Paris
PARIS -- France will deploy 12,000 police officers to enforce a curfew that starts Friday night and plans to spend another 1 billion euros helping businesses hit by the new restrictions.