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…
Innocent Madoff investors must pay back profits, court rules
NEW YORK (AP) — Investors who profited from Bernard Madoff’s massive Ponzi scheme even though they knew nothing of it must still pay back their profits, an appeals court decided Thursday.
Mortgage rates tick up to 2.9%, remain at historic lows
SILVER SPRING, Md. (AP) — U.S. average rates on long-term mortgages rose slightly this week but remain at historically low levels.
Russian pleads not guilty in foiled Tesla ransomware plot
RENO, Nev. (AP) — A Russian citizen accused of offering a Tesla employee $1 million to enable a ransomware attack at the electric car company's plant in Nevada denied wrongdoing Thursday before a federal magistrate…
Did I leave the stove on? Amazon's flying camera can check
NEW YORK (AP) — Amazon wants to be able to answer the nagging question: Did I leave the stove on?
The Latest: $14M more in virus funds for 3 Ariz universities
PHOENIX — Arizona will provide the state’s three public universities with $14 million in additional funding to boost their efforts to test, track and respond to the coronavirus.
Groups decry proposal to roll back Alaska forest protections
JUNEAU, Alaska (AP) — The U.S. Forest Service is proposing to exempt the country’s largest national forest from a ban on timber harvests and road building in roadless areas, a move conservation groups denounced Thu…
Clarification: US-California-Gas Vehicles story
SACRAMENTO, Calif. (AP) — In a story published September 23, 2020, The Associated Press reported California is home to 34 electric vehicle manufacturers. The story should have made clear that number includes compan…
Trial on Harvey plant fire resumes after COVID-19 delay
HOUSTON (AP) — A trial in which a chemical manufacturer is facing charges over a fire at its suburban Houston plant during Hurricane Harvey that sent toxic smoke into the air in 2017 resumed on Thursday following a…
Russian pleads not guilty in foiled Tesla ransomware plot
RENO, Nev. (AP) — A Russian citizen accused of offering a Tesla employee $1 million to enable a ransomware attack at the electric car company's plant in Nevada denied wrongdoing Thursday before a federal magistrate…
Ex-Backpage execs want judge in their criminal case recused
PHOENIX (AP) — Former executives of Backpage.com are seeking the recusal of the federal judge presiding over a criminal case in which they are accused of knowingly publishing ads for sexual services, arguing that s…
The Latest: U of Delaware seeks to cut staff amid pandemic
NEWARK, Del. — Officials at the University of Delaware say they are moving to cut personnel costs because of the financial effects of the coronavirus pandemic.
Trump lawyers: DA's fight for tax returns built on innuendo
NEW YORK (AP) — A New York prosecutor engaged in a long-running battle to obtain Donald Trump’s tax returns is resorting to “speculation and innuendo” to justify his demands, the president's lawyers argued in court…
Hacked software provider won't say if ransomware involved
DALLAS (AP) — A day after informing customers that it had been hacked by an unknown intruder, a major U.S. provider of software services to state and local governments —including posting election data online— said …
The Latest: Online teaching for 3 top Michigan universities
LANSING, Mich. — Leaders of Michigan’s three biggest research universities say online teaching will likely last for the entire academic year, keeping many students out of classrooms until next fall.
Innocent Madoff investors must pay back profits, court rules
NEW YORK (AP) — Investors who profited from Bernard Madoff’s massive Ponzi scheme even though they knew nothing of it must still pay back their profits, an appeals court decided Thursday.