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…
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.
Former coal CEO Robert Murray files for black lung benefits
CHARLESTON, W.Va. (AP) — Former coal CEO Robert E. Murray, who has fought federal regulations on the industry, has filed an application with the U.S. Department of Labor for black lung benefits, according to a publ…
High demand for flu shots? Experts hope to avoid 'twindemic'
October is prime time for flu vaccinations, and the U.S. and Europe are gearing up for what experts hope is high demand as countries seek to avoid a “twindemic” with COVID-19.
$5 million judgement imposed on Snowden for book, speeches
FALLS CHURCH, Va. (AP) — A federal judge has entered a judgement of more than $5 million against former security contractor Edward Snowden to recover money he received for writing a book and giving speeches about h…
Facebook tightens political ad bans as US election nears
WASHINGTON (AP) — With just over a month to go before Americans head en masse to the polls in an extraordinarily contentious election, Facebook is expanding restrictions on political advertising, including new bans…
Consumer spending gains slow to 1% in August
WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic expired.
Carnival cancels most 2020 US cruises as CDC extends ban
Carnival Cruise Line is canceling most U.S. sailings through the end of this year, the latest sign that the cruise industry’s recovery from the coronavirus pandemic could still be many months away.
The Latest: 2 Philippine tourist spots partially reopen
MANILA, Philippines — Two of the most popular Philippine tourist destinations, including the Boracay beach, have partially reopened with only a fraction of their usual crowds showing up given continuing coronavirus…
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.