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…
US stocks rise as volatility continues to dominate
New York (AP) — U.S. stocks are rising in Thursday afternoon trading, as volatility continues to be the dominant force in Wall Street's tumultuous September.
IPOs head for banner year on stock market's strength
Companies that cater to the “new normal” of working and shopping from home are rushing to go public.
Owner of fire-stricken ship to pay $1.8M for Sri Lankan help
COLOMBO, Sri Lanka (AP) — The owner of a large oil tanker that caught fire off Sri Lanka's coast has agreed to pay $1.8 million to the island nation for its help in extinguishing the blaze, an official said Thursda…
Sales of new homes surge 4.8% in August
NEW YORK (AP) — Demand for new homes continues to surge despite an ongoing pandemic and lingering anxiety about the U.S. economy. The pace of sales have now reached levels last seen before the Great Recession in 20…
Lufthansa to try out pre-flight corona tests on routes to US
FRANKFURT, Germany (AP) — German airline Lufthansa says it will test the practice of offering on-the-spot coronavirus tests before boarding intercontinental flights in an attempt to find a way to get long-haul pass…
Apple's smaller rivals unite to fight iPhone app store rules
WASHINGTON (AP) — Spotify and the makers of Fortnite and Tinder are taking on Apple and Google as part of a newly formed coalition calling for “fair treatment” in the way the tech giant runs its app store.
US stocks swing from losses to gains as volatility dominates
New York (AP) — U.S. stocks are swinging between losses and gains in Thursday morning trading, as volatility continues to be the dominant force in Wall Street's tumultuous September.
Sales of new homes rise 4.8% in August to 1.01 million unit annual rate
WASHINGTON (AP) — Sales of new homes rise 4.8% in August to 1.01 million unit annual rate.
The Latest: Sweden's PM keeps limit on gatherings
STOCKHOLM -- Sweden’s Prime Minister Stefan Lofven says he’s keeping the 50 person-limit for gatherings.
Thailand sues Facebook, Twitter for allowing banned material
BANGKOK (AP) — Thailand’s government lodged complaints with police Thursday against Facebook and Twitter, alleging they failed to comply with court orders to block content judged illegal under Thai law.
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.
From quick shortcuts to slow cookers, how we're eating now
In normal times, food trends often started in restaurants, with top chefs. Maybe they got written up in food magazines or blogs. After some time, you could find the trending ingredients on grocery store shelves.
Rite Aid tops Street 2Q expectations, revises forecast
Rite Aid topped Wall Street expectations for the fiscal second quarter and gave a revised annual forecast, one quarter after withdrawing it due to COVID-19 uncertainty.
As virus surges, critics say UK hasn't learned from mistakes
LONDON (AP) — Britain bungled its response to the coronavirus the first time around. Now many scientists fear it’s about to do it again.
Turkey hikes rates to support currency, fight inflation
ANKARA, Turkey (AP) — Turkey’s Central Bank raised its benchmark interest rate by 2 percentage points on Thursday, its first hike in two years to fight inflation and support its falling currency.