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…
How the Dow and other stock indexes fared Tuesday
Stocks ended with moderate losses Tuesday as investors waited for the first debate between President Donald Trump and Democratic challenger Joe Biden.
California sues US regulator in bid to deter 'ghost guns'
SACRAMENTO, Calif. (AP) — Backed by the fathers of two slain children, California's attorney general sued the Trump administration on Tuesday in an effort to crack down on “ghost guns” that can be built from parts …
Banks, technology companies lead stock indexes broadly lower
Banks and technology companies led stocks broadly lower on Wall Street Tuesday, reversing some of the gains the market made in a rally a day earlier. The S&P 500 gave up 0.5%. The losses came ahead of the first deb…
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.