Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Soap Lake Library teaches young gardeners how to help native bees thrive
SOAP LAKE — Families visited the Soap Lake Library this week for an Earth Day program that turned tin cans, bamboo…
Tokyo Stock Exchange resumes trading after technical outage
TOKYO (AP) — Tokyo Stock Exchange resumed normal operations Friday after repairs of malfunctions in its computer systems that halted trading for an entire day in the worst such outage ever.
US housing roars back despite recession, high unemployment
LOS ANGELES (AP) — The U.S. housing market has staged a furious comeback this summer, even as the economy struggles to regain its footing after being knocked into a recession due to the coronavirus.
Faith groups decry Trump's plans for record low refugee cap
SAN DIEGO (AP) — Refugee advocates, including faith-based groups that President Donald Trump is courting in his re-election bid, called on Congress Thursday to halt his administration’s plans to slash the limit on …
Court: Amazon not liable in teen's powdered caffeine death
COLUMBUS, Ohio (AP) — Retail giant Amazon can't be held responsible under current Ohio product liability law in the death of a high school senior who ingested powdered caffeine, the state Supreme Court said Thursda…
Hacked hospital chain says all 250 US facilities affected
The hospital chain Universal Health Services said Thursday that computer services at all 250 of its U.S. facilities were hobbled in last weekend's malware attack and efforts to restore hospital networks were contin…
Google to pay $1 billion over 3 years for news content
LONDON (AP) — Google will pay publishers $1 billion over the next three years for their content, the company's latest effort to defuse tensions over its dominance of the news industry.
Judge blocks large parts of temporary work visa ban
SAN DIEGO (AP) — A judge on Thursday temporarily lifted a visa ban on a large number of work permits, undercutting a measure that the Trump administration says protects American jobs in a pandemic-wracked economy.
Mexican workers send home huge amounts of money amid virus
PHOENIX (AP) — The coronavirus pandemic stopped work for nearly a month at the California farm where Luis earns $80 a day picking tomatoes, but that didn't stop him from sending $800 to family in Mexico.
New Ford CEO replaces CFO, pledges stronger profit margins
DETROIT (AP) — On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural and management changes.
US 3Q auto sales fall 9.7%, but they're rising from 2Q lows
DETROIT (AP) — In normal times, a 9.7% drop in auto sales would cause executives to sweat profusely. These are not normal times.
Average rate on 30-year mortgage tick down to 2.88%
SILVER SPRING, Md. (AP) — U.S. average rates on long-term mortgages edged down slightly this week, remaining at historically low levels.
One Chicago community endures virus, violence and turmoil
CHICAGO (AP) — In harrowing moments, in the sobs of grieving mourners and the incessant wail of sirens, the crises of 2020 have played out painfully within a single Chicago community:
Unemployment marches higher in Europe as pandemic grinds on
FRANKFURT, Germany (AP) — Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that extensive government support programs won't be able keep many businesses …
US layoffs remain elevated as incomes and spending weaken
WASHINGTON (AP) — The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.
US construction spending increases 1.4% in August, led by strong gain in single-family home building
WASHINGTON (AP) — US construction spending increases 1.4% in August, led by strong gain in single-family home building.