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…
The Latest: 26 nations urge US to lift sanctions amid virus
UNITED NATIONS -- China and 25 other nations have called for the immediate lifting of sanctions by the United States and Western countries to ensure an effective response to the COVID-19 pandemic.
Officials: Carbon capture project would be largest in world
ALBUQUERQUE, N.M. (AP) — One of the largest coal-fired power plants in the U.S. Southwest would undergo a $1.4 billion overhaul as part of a proposal to keep the plant operating for at least another decade while me…
CEO says Southwest needs union pay cuts to avoid furloughs
DALLAS (AP) — Southwest Airlines will cut pay for nonunion workers in January and says union workers must also accept less pay or face furloughs next year as the pandemic continues to hammer the airline business.
Software company founder McAfee charged with tax evasion
MEMPHIS, Tenn. (AP) — Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking …
Minneapolis restaurant quarantines 13 who worked Trump event
MINNEAPOLIS (AP) — Thirteen staff members from a Minneapolis steakhouse were quarantining after the restaurant catered a fundraiser attended by President Donald Trump during his visit to Minnesota last week, the re…
CEOs of 3 tech giants to testify at Oct. 28 Senate hearing
WASHINGTON (AP) — The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.
Regeneron, MyoKardia rise; DraftKings, AMC fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
3 dead, 1 hurt after partial building collapse in Houston
HOUSTON (AP) — Three workers were killed Monday when a stairwell collapsed inside a high-rise building under construction in Houston, according to fire department officials.
Stocks jump on stimulus hopes, Trump's hospital departure
NEW YORK (AP) — Wall Street rallied Monday as hopes for economic aid from Washington helped it recover all its knee-jerk losses after learning President Donald Trump tested positive for the coronavirus.
The Latest: British officials investigating reporting glitch
LONDON — The British government has launched an investigation into how nearly 16,000 new coronavirus infections went unreported as a result of a technical glitch.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose $2.17 to $39.22 a barrel Monday. Brent crude oil for December delivery rose $2.02 to $41.29 a barrel.
CEOs of 3 social media giants to testify at Senate hearing
WASHINGTON (AP) — The CEOs of technology giants Facebook, Google and Twitter are expected to testify for an Oct. 28 Senate hearing on tech companies’ control over hate speech and misinformation on their platforms.
Mexico announces $14 billion in infrastructure projects
MEXICO CITY (AP) — Mexico’s president announced a program of 39 joint public-private infrastructure projects Monday worth about $14 billion to help revive the economy, which has been pummeled by the coronavirus pan…
Jewish sukkah rises at base of world's tallest tower in UAE
DUBAI, United Arab Emirates (AP) — Visitors to the world’s tallest building, a tapering cylinder of aluminum and glass that has become emblematic of modern Dubai, may encounter an unlikely sight this week: a small,…
Nvidia says it will build UK's most powerful supercomputer
LONDON (AP) — Graphics chip maker Nvidia said Monday it plans to build Britain's fastest supercomputer that healthcare researchers can use to work on medical problems including COVID-19.