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…
Wells Fargo posts $2 billion profit in 3Q, reversing 2Q loss
SILVER SPRING, Md. (AP) — Wells Fargo says it earned $2 billion in the third quarter, less than half of what it made in the same period last year but a significant improvement from this year's second quarter, when …
UnitedHealth tops forecasts, finally hikes 2020 outlook
UnitedHealth Group beat forecasts for its earnings in the third quarter, and the U.S.'s largest health insurance provider finally hiked its 2020 outlook after holding off while trying to sort out COVID-19’s impact.
Global markets cautious as virus numbers rise
Global stock markets were subdued on Wednesday as the number of coronavirus cases grew in several major economies, leading to new restrictions on businesses.
Woman close to Vatican cardinal arrested in corruption probe
VATICAN CITY (AP) — The Vatican’s swirling corruption investigation has taken a mysterious new twist with the arrest on an international warrant of a Sardinian woman said to be close to one of the Holy See’s most p…
Effort to bar LGBTQ discrimination moves ahead in Michigan
LANSING, Mich. (AP) — A ballot drive has turned in more than 483,000 signatures for an initiative to prohibit discrimination against LGBTQ people in Michigan by amending the state's civil rights law.
Surprising things renters insurance covers — and leaves out
Insurance is designed to offer peace of mind, but there’s a reason your policy has all that fine print: You might not have the coverage you expect. Like any other insurance policy,
UK urged to conclude trade deal with EU to limit Brexit cost
LONDON (AP) — A leading international economic watchdog urged the British government to conclude a free trade agreement with the European Union in the coming days and weeks to support the recovery from the coronavi…
On eve of UK deadline, trade talks with EU still stalled
BRUSSELS (AP) — On the eve of a European Union summit that British Prime Minister Boris Johnson had set as a deadline to seal a post-Brexit trade agreement, talks remained in a deep rut Wednesday over fundamental d…
Edmunds: Car value myths, busted
You’ve probably heard over the years a number of tips or myths regarding the value of your car. They might involve how quickly a new vehicle depreciates, for instance, or the biggest factor that influences the valu…
'Electrification of everything': REC Silicon announces deals
MOSES LAKE — REC Silicon announced late Tuesday a pair of deals that could establish Moses Lake as a future center for “the electrification of everything.”
Coronavirus lockdown 2.0 deepens divisions in Israel
JERUSALEM (AP) — When Israel went into lockdown last spring, Jerusalem pub owner Leon Shvartz moved quickly to save his business — shifting to a delivery and takeaway model that kept him afloat throughout the summe…
California braces for renewed fire threat from windy weather
SAN FRANCISCO (AP) — Dry, windy weather posed an extreme wildfire risk Wednesday in Northern California, where massive blazes already have destroyed hundreds of homes and killed or injured dozens of people.
World Trade Organization arbitrators say EU can sanction up to $4 billion in US goods over illegal support for Boeing
GENEVA (AP) — World Trade Organization arbitrators say EU can sanction up to $4 billion in US goods over illegal support for Boeing.
UK unemployment ascent accelerates amid winter job fears
LONDON (AP) — Unemployment in the U.K. spiked higher in August, a clear sign that the jobless rate is heading towards levels not seen in 30 years as a government salary-support program ends this month and new local…
Facebook bans anti-vaccination ads but not antivax posts
OAKLAND, Calif. (AP) — Facebook says it will ban ads on its platform that discourage vaccinations — with an exception carved out for advocacy ads about government vaccine policies.