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…
How major US stock indexes fared Tuesday
Stocks closed lower Tuesday on Wall Street, snapping a four-day winning streak.
Delta posts $5.4 billion 3Q loss as pandemic hammers travel
The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic.
Possible safety issue spurs pause of COVID-19 antibody study
Independent monitors have paused enrollment in a study testing the COVID-19 antiviral drug remdesivir plus an experimental antibody therapy being developed by Eli Lilly that’s similar to a treatment President Donal…
Stocks end lower as Wall Street pauses after a 4-day rally
Banks and technology companies led a broad slide for stocks on Wall Street Tuesday, snapping the market's four-day winning streak.
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.
Royal Caribbean, AMC fall; Ethan Allen, Walt Disney rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:
Used vehicle prices up as supply sinks, but relief is coming
DETROIT (AP) — It cost a whole lot more to buy a used SUV, car, truck or van last month than it did before the coronavirus hit, and that almost singlehandedly caused
Apple unveils new iPhones for faster 5G wireless networks
Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks, hoping that demand for higher data speeds will spark demand for new phones.
Hawaii to stop using online program after parent complaints
HONOLULU (AP) — Hawaii’s public schools will stop using a distance learning program after parents complained about racist and sexist content.
AP Explains: The promise of 5G wireless - speed, hype, risk
A much-hyped network upgrade called “5G” means different things to different people.
J&J beats 3Q net views, hikes 2020 forecast, but shares fall
Despite the coronavirus pandemic hurting sales of most of its products, Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a huge litigation charge in the year-ago quarte…
WTO says EU can put tariffs on $4 billion of US goods
GENEVA (AP) — International arbitrators said Tuesday that the European Union can impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker…
Minnesota Supreme Court weighs fate of PolyMet mine permits
MINNEAPOLIS (AP) — Lawyers for the proposed PolyMet copper-nickel mine and state regulators urged the Minnesota Supreme Court on Tuesday to defer to the judgment of the state Department of Natural Resources and rei…
Dutch order bars, restaurants closed over pandemic fears
THE HAGUE, Netherlands (AP) — The Dutch government decided to close bars and restaurants as of Wednesday to counter the sustained surge in coronavirus cases across the nation.
Belarus opposition leader threatens nationwide strike
VILNIUS, Lithuania (AP) — The top opposition challenger in the Belarusian presidential election threatened Tuesday to call a nationwide strike unless the country's authoritarian president announces his resignation,…