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. …
Facebook oversight board to start operating in October
LONDON (AP) — Facebook's long-awaited oversight board that will act as a referee on whether specific content is allowed on the tech giant's platforms is set to launch in October.
UK announces new plan to help workers hit by pandemic
LONDON (AP) — Britain’s treasury chief announced a new income support program Thursday for workers hurt by the coronavirus pandemic, as the government races to prevent widespread layoffs when earlier employer subsi…
Former VW boss Winterkorn faces trial on 2nd set of charges
BERLIN (AP) — A German court has ruled that former Volkswagen CEO Martin Winterkorn must face trial on a second set of charges in the company's diesel emissions scandal, these ones related to alleged market manipul…
Stocks dip as virus cases rise, stimulus outlook unclear
Global shares were mostly lower Thursday due to broad uncertainty about the economic outlook as coronavirus cases pick up again in many parts of the world.
Drug companies work jointly to boost vaccine confidence
LONDON (AP) — Two firms developing COVID-19 vaccines say pharmaceutical companies are trying to give the public as much information as possible about their testing regimes as drugmakers and public health officials …
TikTok's owner applies for Chinese license to close US deal
BEIJING (AP) — TikTok's owner said Thursday it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and Walmart to keep the popular video app operating in the United States.
The Latest: Swiss university's undergrads all quarantined
Swiss health authorities have ordered a quarantine for 2,500 students at a prestigious hospitality management school after “significant outbreaks” of the coronavirus that are a suspected byproduct of off-campus par…
German economy rebounding, faces risk from virus resurgence
FRANKFURT, Germany (AP) — A widely watched indicator of German business confidence has risen for a fifth month in a row as Europe's largest economy rebounds from the coronavirus shutdowns - but the index remains be…
Cleaners struggle with covid effects
MOSES LAKE — A lot of businesses suffered, lost customers and clients, when Gov. Jay Inslee effectively ordered the state closed in mid-March in response to th…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for November delivery rose 38 cents to $40.31 a barrel Thursday. Brent crude oil for November delivery rose 17 cents to $41.94 a barrel.
Executive leaves mine project amid recorded comment fallout
JUNEAU, Alaska (AP) — The man helping lead efforts to develop a copper and gold mine near the headwaters of a major salmon fishery in Alaska has resigned following the release of recorded comments in which he “embe…
Asian shares take breather after Wall Street gains
Asian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook.
TikTok asks judge to block Trump's ban as deadline looms
NEW YORK (AP) — Chinese-owned TikTok asked a judge to block the Trump Administration's attempt to ban its app, suggesting the video-sharing app's forced deal with Oracle and Walmart remains unsettled.
US experts vow ‘no cutting corners’ as vaccine tests expand
WASHINGTON (AP) — A huge international study of a COVID-19 vaccine that aims to work with just one dose is getting underway as top U.S. health officials sought Wednesday to assure a skeptical Congress and public th…
New SUV is next step in VW's post-scandal electric offensive
FRANKFURT, Germany (AP) — Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its ca…