Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Palos Verdes moves into Moses Lake
MOSES LAKE — One of Othello’s biggest developers just started its first new housing development in Moses Lake. …
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.
Cambridge Analytica ex-boss banned from running companies
LONDON (AP) — The former boss of Cambridge Analytica, the political consulting firm brought down by a scandal over how it obtained Facebook users’ private data, has been banned from holding company directorships fo…
US jobless claims reach 870,000 as layoffs remain elevated 6 months after virus struck economy
WASHINGTON (AP) — US jobless claims reach 870,000 as layoffs remain elevated 6 months after virus struck economy.
The Latest: Russia reports highest daily cases since July
MOSCOW — Russian health officials have reported 6,595 new coronavirus cases, the highest daily surge since July.