Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local experts eye AI to help develop the future
MOSES LAKE — AI technology has been developing quickly over the last few years with multiple avenues and questions…
Wall Street trader gets 5 years in prison in Ponzi scheme
NEW YORK (AP) — A former Wall Street trader was sentenced Monday to over five years in prison after admitting to defrauding investors of $19 million in a Ponzi scheme.
Biden releases 2019 taxes as pre-debate contrast with Trump
WASHINGTON (AP) — Democratic presidential nominee Joe Biden paid nearly $288,000 in federal income taxes last year, according to returns he released just hours before his Tuesday night debate with President Donald …
House approves bill to combat doping in horse racing
WASHINGTON (AP) — The House approved a bill Tuesday to create national medication and safety standards for the horse racing industry as lawmakers move to clamp down on use of performance-enhancing drugs that can le…
Regulators crack down on aggressive, dubious debt collectors
NEW YORK (AP) — Those mysterious debt collectors who call insisting you’ll be in legal peril if you don’t pay them big bucks are in hot water themselves, accused in a nationwide crackdown of harassing and threateni…
Microsoft resolves major Monday outage after five hours
NEW YORK (AP) — Microsoft took five hours to resolve a major outage of its workplace applications on Monday, but has not clarified what caused the outage.
Closing date of GM-Nikola partnership may be delayed
DETROIT (AP) — Shares in electric and hydrogen-powered truck startup Nikola fell more than 7% Tuesday after General Motors cast doubt on whether a $2 billion partnership would close as scheduled.
MGM Resorts outlines conference health screening option
LAS VEGAS (AP) — Casino giant MGM Resorts International is teaming with a firm that provided COVID-19 screenings for the National Hockey League playoffs and a health care provider to high-volume events in an option…
The Latest: llinois Gov. Pritzker will quarantine 2 weeks
CHICAGO — Illinois Gov. J.B. Pritzker will quarantine for two weeks after a member of his administration tested positive for the coronavirus.
JPMorgan to pay $920M for manipulating bond, metals markets
NEW YORK (AP) — JPMorgan Chase admitted Tuesday to manipulating the markets for precious metals and U.S. Treasuries, agreeing to pay $920 million in fines and penalties for the illegal behavior.
Unfriendly skies: Airline workers brace for mass layoffs
DETROIT (AP) — The worries are growing for United Airlines flight attendant Jordy Comeaux.
Sri Lanka government decides to ban cattle slaughter
COLOMBO, Sri Lanka (AP) — Sri Lanka's government announced Tuesday that it will ban cattle slaughter, saying it would help the dairy industry and thereby save money used to purchase imported milk powder.
The Latest: Arkansas school superintendent dies from virus
ATKINS, Ark. — An Arkansas school district says its top leader has died from the coronavirus.
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French arrest 29 in cryptocurrency scheme to finance jihadis
PARIS (AP) — French police arrested 29 people around the country on Tuesday in a vast operation to break a complex scheme financing Islamist extremists in Syria through the use of cryptocurrencies.