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…
Wisconsin tells Foxconn no tax credits without new deal
MADISON, Wis. (AP) — Wisconsin told Foxconn Technology Group on Monday that it won't qualify for billions of dollars in state tax credits unless it strikes a new deal for a scaled-back factory complex.
New Mexico governor urged to take stand against nuclear plan
ALBUQUERQUE, N.M. (AP) — Environmentalists and other watchdog groups want New Mexico Gov. Michelle Lujan Grisham to create a government agency that would be tasked with keeping the state from becoming a permanent d…
Stocks are soaring, and most Black people are missing out
NEW YORK (AP) — Americans who own stocks are pulling further away from those who don't, as Wall Street roars back to record heights while much of the economy struggles. And Black households are much more likely to …
The Latest: WHO leader warns against herd immunity solution
LONDON — The head of the World Health Organization warned against the idea that herd immunity might be a realistic strategy to stop the pandemic, calling such proposals “unethical.”
Yet another Brexit deadline looms; trade talks in rut
BRUSSELS (AP) — Almost by tradition, another Brexit deadline is looming. Just as much by tradition, talks are expected to continue afterward.
UK sheep farmer jailed for contaminated baby food plot
LONDON (AP) — A sheep farmer was sentenced to 14 years in prison Monday for his plot to use baby food laced with metal shards to blackmail one of Britain's biggest supermarket chains.
Austria probe points to mistakes in early virus response
BERLIN (AP) — Authorities in the Austrian region of Tyrol acted too slowly to shut down ski resorts after it became clear they were dealing with one of Europe’s first coronavirus outbreaks in March, but not due to …
Facebook bans Holocaust denial, will direct people who search for information on platform to authoritative sources
NEW YORK (AP) — Facebook bans Holocaust denial, will direct people who search for information on platform to authoritative sources.
Stocks start higher ahead of big week for company earnings
NEW YORK (AP) — Stocks are starting higher on Wall Street as investors brace for the beginning of quarterly earnings reports from US companies, which get underway this week. The S&P 500 is up 0.7% in the first few …
Global watchdog proposes tax overhaul for Big Tech
LONDON (AP) — A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recover…
Twilio buys Segment for $3.2B as demand for cloud tech booms
SAN FRANCISCO (AP) — Twilio is buying customer data start-up Segment in a stock deal valued at about $3.2 billion as demand for cloud technology surges during the pandemic.
Chinese foreign minister begins SE Asian tour in Cambodia
PHNOM PENH, Cambodia (AP) — China and Cambodia signed a free trade agreement on Monday as China's foreign minister visited Phnom Penh as part of a four-nation Southeast Asian tour.
Liz Weston: Suddenly retired? Here’s what to do next
The pandemic seems to be driving a surge of early retirements as businesses close or downsize and older people weigh the health risks of continuing to work.
2 Stanford economists win Nobel prize for improving auctions
STOCKHOLM (AP) — Auctions are everywhere in today’s economy. They determine how Google sells ads, what price consumers end up paying for electricity, and the way governments sell off the public airwaves to telecom …
Bank of England asks banks on readiness for negative rates
LONDON (AP) — The Bank of England has asked commercial banks whether they are ready for negative interest rates, signaling that the central bank is moving closer to cutting its key interest rate below zero.