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: Georgia governor extends emergency COVID rules
ATLANTA — Georgia Gov. Brian Kemp is again extending his emergency rules regarding COVID-19 as the state surpasses 7,000 deaths from the respiratory illness.
Court OK's $800M settlement for MGM Resorts, Vegas victims
LAS VEGAS (AP) — A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shoot…
House approves second bill aimed at forced labor in China
WASHINGTON (AP) — For the second time in two weeks, the House on Wednesday approved a bill aimed at cracking down on U.S. imports of goods made with the forced labor of detained ethnic minorities in China.
Federal Reserve extends ban on big bank dividends, buybacks
NEW YORK (AP) — The Federal Reserve is extending until the end of the year its restrictions on large banks and financial services companies paying out dividends and buying back stock.
Wall Street rallies to close out strong, but wild quarter
NEW YORK (AP) — U.S. stocks rallied on Wednesday, but only after zooming up, down and back up again in a fitting end to what was a wild month and quarter for Wall Street.
Judge approves $800M payout plan for Vegas shooting victims
LAS VEGAS (AP) — A court on Wednesday approved a total of $800 million in payouts from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shoot…
Moderna, Synnex rise; Micron, Enerpac Tool Group fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday:
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…
The Latest: Studies: Immune system clue to virus reactions
NEW YORK — One of COVID-19′s scariest mysteries is why some people are mildly ill or have no symptoms and others rapidly die — and scientists are starting to unravel why.
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…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose 93 cents to $40.22 a barrel Wednesday. Brent crude oil for November delivery fell 8 cents to $40.95 a barrel.
Court upholds decision to prevent Wyoming coal merger
GILLETTE, Wyo. (AP) — A federal court said it would uphold a Federal Trade Commission decision to block a proposed merger between two leading Wyoming coal companies.
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…
The Latest: Britain renews sweeping powers to curb virus
LONDON — British lawmakers have renewed the government’s sweeping powers to impose emergency restrictions to curb the coronavirus pandemic, although many legislators criticized the way Prime Minister Boris Johnson’…
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.