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…
US consumer borrowing fell by $7.2 billion in August
WASHINGTON (AP) — U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession.
Lowe's to hand out another round of bonuses worth $100M
MOORESVILLE, N.C. (AP) — Lowe’s Cos. announced Wednesday that it is handing out another round of bonuses to recognize its front-line employees in light of the COVID-19 pandemic.
Fed officials last month saw sizable risks facing economy
WASHINGTON (AP) — Federal Reserve officials last month believed that while the U.S. economy was recovering faster than expected, it faced ongoing threats, including a failure by Congress to provide further rescue a…
Ruby Tuesday, hit by COVID closures, files for bankruptcy
Ruby Tuesday is filing for bankruptcy protection, the latest casual restaurant chain to suffer from coronavirus-related closures and changing consumer habits.
Brussels bars to shut for a month after spike in virus cases
BRUSSELS (AP) — Brussels authorities on Wednesday decided that all the city's bars, dance clubs and cafeterias will have to close for a month to counter a surge in new coronavirus cases, leaving beer lovers and rev…
Trump to appoint new member to Puerto Rico oversight board
SAN JUAN, Puerto Rico (AP) — The White House said Wednesday that U.S. President Donald Trump plans to appoint a man who once advised creditors in financial disputes involving Puerto Rico and Argentina to a federal …
The Latest: Trump doctor: President symptom-free 24 hours
WASHINGTON — President Donald Trump’s physician says the president had been symptom-free for 24 hours and his vital signs have remained stable and in normal range.
Scotland shuts Glasgow, Edinburgh bars as virus cases surge
LONDON (AP) — The Scottish government ordered pubs in Scotland's two biggest cities to close and restricted food and drink business in the rest of the country as Britain seeks to control a surge in coronavirus case…
Server configuration caused Florida voter registration crash
TALLAHASSEE, Fla. (AP) — Florida's chief information officer said Wednesday that misconfigured computer servers — not a cyberattack — were to blame for the crash of the state's voter registration system as the dead…
New Jack Daniel's master distiller keeps up family tradition
In a business where family tradition tends to matter, Chris Fletcher stepped up Wednesday to follow in his grandfather's footsteps to lead production of the Jack Daniel’s whiskey brand.
Up to 150 million could join extreme poor, World Bank says
JOHANNESBURG (AP) — Up to 150 million people could slip into extreme poverty, living on less than $1.90 a day, by late next year depending on how badly economies shrink during the COVID-19 pandemic, the World Bank …
Davos forum to change town for virus-delayed 2021 edition
GENEVA (AP) — The next in-person gathering of the World Economic Forum won't be in the Swiss town of Davos as usual.
Wall Street cheerleader Trump has little invested himself
NEW YORK (AP) — Even from the hospital, as his doctors were administering a mixture of drugs to battle the coronavirus, President Donald Trump couldn’t quite help himself.
In about-face, Trump seeks to salvage parts of virus aid
WASHINGTON (AP) — President Donald Trump on Wednesday tried to salvage a few priority items lost in the rubble of COVID-19 relief talks that he blew up, pressing for $1,200 stimulus checks and new aid for airlines …
Trump signals willingness to help airlines and markets jump
SILVER SPRING, Md. (AP) — Shares in major U.S. airlines jumped at the opening bell, pulling the broader market along, after President Donald Trump signaled a willingness to help the decimated carriers in seemingly …