Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Credit union shreds sensitive documents, collects for food bank
MOSES LAKE — The Moses Lake branch of Solarity Credit Union held a paper-shredding event Saturday. “We’re encou…
Trump business deductions: sketchy, normal or in-between?
NEW YORK (AP) — The massive losses Donald Trump has claimed on his tax returns were reportedly due at least in part to the huge deductions he took against the income his businesses made before and after he became p…
EU leaders seek end to embarrassing Belarus sanctions clash
BRUSSELS (AP) — European Union leaders gathered Thursday to try to end an embarrassing standoff that is preventing them from imposing sanctions on senior officials in Belarus who are accused of falsifying president…
EU takes legal action against UK over planned Brexit bill
BRUSSELS (AP) — The European Union took legal action against Britain on Thursday over its plans to pass legislation that would breach parts of the legally binding divorce agreement the two sides reached late last y…
Unemployment in Europe rises for 5th consecutive month in August, reaching 8.1% in eurozone as pandemic hits economy
FRANKFURT, Germany (AP) — Unemployment in Europe rises for 5th consecutive month in August, reaching 8.1% in eurozone as pandemic hits economy.
Low-cost fashion chain H&M sees sales 16% drop due to virus
STOCKHOLM (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic.
Water works: Local business supplies washing-up stations for firefighters
EPHRATA — The decals on the rear ambulance windows convey a clear message: “Zombie Outbreak Response Unit.”
Judge tosses case against CEO over plant fire during Harvey
HOUSTON (AP) — The case against the CEO of a chemical manufacturer on trial over a toxic fire at the company’s suburban Houston plant during Hurricane Harvey in 2017 ended Wednesday after the judge concluded that p…
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Former Audi chief on trial in VW diesel emissions scandal
FRANKFURT, Germany (AP) — The former head of Volkswagen's Audi luxury car division and three others went on trial Wednesday on charges related to the company's cheating on diesel car emissions tests. The proceeding…
Ex-UAW president pleads guilty in embezzlement scheme
DETROIT (AP) — The former president of the United Auto Workers pleaded guilty Wednesday to an embezzlement scheme, saying he suspected that union dues were being used for golf, lodging and fancy meals but “delibera…
US economy plunges at record rate of 31.4% in second quarter but third quarter likely to post record increase
WASHINGTON (AP) — US economy plunges at record rate of 31.4% in second quarter but third quarter likely to post record increase.
Secretive, never profitable Palantir makes market debut
BOSTON (AP) — Seventeen years after it was born with the help of CIA seed money, the data-mining outfit Palantir Technologies is finally going public in the biggest Wall Street tech offering since last year's debut…
Assange bugged while at Ecuadorian Embassy, UK court told
LONDON (AP) — Julian Assange's conversations in the latter part of his 7-year stay at the Ecuadorian Embassy in London were systematically bugged, even in the toilet, a London court heard Wednesday.
4th person killed in devastating California wildfire
SAN FRANCISCO (AP) — Flames devoured swaths of brush and trees in Northern California on Wednesday amid unseasonably hot and dry weather. Officials said wind-whipped flames led two firefighters to deploy the emerge…
Russian man sentenced for LinkedIn, Dropbox data breaches
SAN FRANCISCO (AP) — A Russian man convicted of hacking LinkedIn, Dropbox and Formspring and stealing the personal information of more than 100 million customers was sentenced Wednesday to more than seven years in …