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…
COVID-19 relief pushes U.S. budget deficit to a record $3.1T
WASHINGTON (AP) — New, eye-popping federal budget figures released Thursday show an enormous $3.1 trillion deficit in the just-completed fiscal year, a record swelled by coronavirus relief spending that pushed the …
UK lawmakers warn Huawei 5G may need to be banned earlier
LONDON (AP) — A committee of British lawmakers is urging the government to consider banning Chinese technology giant Huawei from next-generation mobile phone networks two years earlier than planned.
Morgan Stanley still shopping, buys Eaton Vance for $7B
NEW YORK (AP) — Morgan Stanley will buy the investment management firm Eaton Vance in a deal valued at about $7 billion.
US jobless claims reach 840,000 as layoffs remain high 7 months after virus struck economy
WASHINGTON (AP) — US jobless claims reach 840,000 as layoffs remain high 7 months after virus struck economy.
US long-term mortgage rates change little; 30-year at 2.87%
WASHINGTON (AP) — U.S. long-term mortgage rates changed little this week, flattening in recent weeks following a year-long decline amid economic anxiety in the recession set off by the coronavirus pandemic. Home lo…
Tweet lures Camping World in as NHRA new title sponsor
CHARLOTTE, N.C. (AP) — Marcus Lemonis first learned the NHRA drag racing series had abruptly lost its title sponsor via Twitter and used the same social media platform to alert the league he was interested in helpi…
Waymo removing backup drivers from its autonomous vehicles
NEW YORK (AP) — Waymo is allowing the general public to hitch a ride in its driverless autonomous vehicles in Phoenix, expanding a service it had been quietly offering to a select group of riders for the past year.
World Trade Organization to be led by a woman for first time
GENEVA (AP) — The World Trade Organization announced Thursday that South Korea’s trade minister and a Harvard-trained former Nigerian finance minister have qualified as the two finalists to become the next director…
England's big northern cities braced for more lockdown curbs
LONDON (AP) — The British government is mulling fresh restrictions on everyday life in England, potentially in the big northern cities such as Liverpool and Manchester, amid mounting fears that hospitals in coronav…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose $1.24 to $41.19 a barrel Thursday. Brent crude oil for December delivery rose $1.35 to $43.34 a barrel.
French court: Google must open payment talks with publishers
PARIS (AP) — A French appeals court upheld an order for Google to open negotiations with French publishers over payments to use their news content.
Pope commits to clean finances amid scandal in backyard
ROME (AP) — Pope Francis told European anti-money laundering experts Thursday that the Vatican was committed to “clean finance,” as he denounced financial speculation amid a spiraling corruption investigation in th…
Morgan Stanley will buy Boston investment management firm Eaton Vance in deal valued at $7B
NEW YORK (AP) — Morgan Stanley will buy Boston investment management firm Eaton Vance in deal valued at $7B.
Sri Lanka closes key gov't offices as virus outbreak surges
COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka closed key government offices and further expanded a curfew Thursday to contain a surging coronavirus outbreak.
Facebook removes fake accounts linked to conservative group
Facebook has removed 276 accounts that used fake profiles to pose as right-leaning Americans and comment on news articles, often in favor of President Donald Trump, the company announced Thursday.