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…
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.
Grits maker Geechie Boy Mill changes its name amid backlash
Geechie Boy Mill, a South Carolina maker of heirloom grits and other products, is changing its name to Marsh Hen Mill after critics charged it with appropriating Black culture.
Hot, dry conditions stoke devastating California wildfires
SAN FRANCISCO (AP) — Flames devoured swaths of brush and trees in Northern California on Wednesday amid unseasonably hot and dry weather and officials said wind-whipped flames led two firefighters to deploy the eme…
31.4% spring slide for a US economy likely to shrink in 2020
WASHINGTON (AP) — The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the first time…
More Americans sign contracts to buy homes in August
SILVER SPRING, Md. (AP) — More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into fall.
Stocks rise amid stimulus hope, still on pace for Sept. loss
NEW YORK (AP) — Wall Street is rallying Wednesday with rising hope that Washington may break through its partisanship to deliver more aid for the economy.
Stocks climb on Wall Street on hopes for deal on stimulus
Stocks are opening higher on Wall Street as traders hope that the White House and Congress can break a logjam on delivering more badly needed stimulus for an economy ravaged by coronavirus lockdowns. The S&P 500 ro…
Twitter temporarily suspends Hungarian government's account
BUDAPEST, Hungary (AP) — The Hungarian government says its official Twitter account was temporarily suspended and then restored without explanation.
Uber, Lyft look to kill California law on app-based drivers
LOS ANGELES (AP) — Californians are being asked to decide if Uber, Lyft and other app-based drivers should remain independent contractors or be eligible for the benefits that come with being company employees.
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.
Cold weather means new challenges for struggling restaurants
U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that's expected to
Acquitted Cardinal Pell back in Rome amid Vatican scandal
ROME (AP) — Cardinal George Pell, the former Vatican finance czar who left in 2017 to face child sexual abuse charges in his native Australia, returned to Rome on Wednesday after his acquittal to find a Vatican mir…