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. …
Judge: Eric Trump must give NY deposition before election
NEW YORK (AP) — President Donald Trump’s son Eric has until Oct. 7 to speak to New York investigators probing his family’s business practices, a judge ruled Wednesday, rejecting his lawyers’ contention that his “ex…
Trump tightens Cuba sanctions as he woos Cuban-American vote
WASHINGTON (AP) — President Donald Trump announced Wednesday that U.S. travelers won't be allowed to bring home Cuban cigars and rum or stay in government-owned hotels there under new measures designed to help fina…
Judge sets deadline before presidential election for Eric Trump to meet with NY investigators probing family business
NEW YORK (AP) — Judge sets deadline before presidential election for Eric Trump to meet with NY investigators probing family business.
Powell faces lawmakers' skepticism on some Fed aid programs
WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that its programs bungled aspects of its res…
Australian bank agrees to $919M fine for money laundering
CANBERRA, Australia (AP) — Westpac, Australia’s second-largest bank, agreed to pay a 1.3 billion Australian dollar ($919 million) fine for breaches of anti-money laundering and counterterrorism financing laws, the …
Facebook: Fake pages from China tried to disrupt US politics
Lawsuit asks court to force Facebook to ban militia posts
MADISON, Wis. (AP) — Facebook can't be trusted to enforce its ban on violent rhetoric in the run-up to the November elections, as is evident by its refusal to remove a group's call to arms to protect businesses in …
Reports: Kuwait and the UAE in economic pain amid pandemic
DUBAI, United Arab Emirates (AP) — Two oil-rich Arab Gulf states suffered severe economic blows on Wednesday, as a major credit agency downgraded Kuwait for the first time and the United Arab Emirates acknowledged …
House easily passes stopgap funding bill, averting shutdown
WASHINGTON (AP) — In a sweeping bipartisan vote that takes a government shutdown off the table, the House passed a temporary government-wide funding bill Tuesday night, shortly after President Donald Trump prevaile…
Asian shares fall as caution sets in after Wall St retreat
Asian shares were mostly lower Thursday as caution set in after a retreat on Wall Street driven by a decline in technology shares.
Congress seeks to block goods from China over forced labor
WASHINGTON (AP) — A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House of Representatives de…
The Latest: China lifts pandemic bar on entry by foreigners
BEIJING — Chinese officials say foreigners holding certain types of visas and residence permits will be permitted to return to China as the threat of the new coronavirus continues to recede.
China, top global emitter, aims to go carbon-neutral by 2060
UNITED NATIONS (AP) — Chinese President Xi Jinping says his country will aim to stop adding to the global warming problem by 2060.
Wells Fargo CEO apologizes for comments about diversity
NEW YORK (AP) — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry.
Asia Today: India sees 83,000 new cases, but numbers falling
NEW DELHI (AP) — India reported more than 83,000 new coronavirus cases on Wednesday, showing some decline after reaching a record a week earlier.