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…
Asia Today: Philippines placing southern city in lockdown
MANILA, Philippines (AP) — One southern Philippine province and its war-battered capital will be placed under a mild lockdown starting Thursday and the rest of the country will be under more relaxed restrictions to…
Consumer confidence posts solid gain to 101.8 in September
WASHINGTON (AP) — U.S. consumer confidence rebounded more quickly in September than most economists had expected though they remain far from levels that were the norm before the pandemic struck.
US Chamber of Commerce parts ways with top strategist
WASHINGTON (AP) — The U.S. Chamber of Commerce parted ways Tuesday with its longtime political strategist, as the organization, once a Republican stalwart, has demonstrated a more bipartisan spending streak in the …
LVMH files countersuit against Tiffany over $16.2 B deal
NEW YORK (AP) — Luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has filed a countersuit against Tiffany over their ruined merger deal, noting conditions necessary to close the $16.2 billion acquisition of t…
Virus, strife prompt 'resiliency' funds in Black communities
SAN FRANCISCO (AP) — The modest cash grant Iguehi James received from the Oakland African American Chamber of Commerce helped the clothing designer defray costs, including surge prices on elastic and fabric that ju…
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.
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.
Asia Today: South Korea has virus jump before holiday period
SEOUL, South Korea (AP) — South Korea has reported 113 new cases of COVID-19, its first daily increase over 100 in five days, as the country entered a holiday break that officials fear would possibly worsen transmi…
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Trump facing devastating debt load? Experts say not so fast
NEW YORK (AP) — President Donald Trump reportedly must pay back more than $300 million in loans over the next four years, raising the possibility his lenders could face an unprecedented situation should he win a se…
Coca-Cola, Molson Coors teaming up on hard seltzer
SILVER SPRING, Md. (AP) — With the help of Molson Coors, Coca-Cola will start selling the “hard stuff” — hard seltzer, that is.
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.
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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.
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 …