Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
Mars drops Uncle Ben's, reveals new name for rice brand
NEW YORK (AP) — The Uncle Ben's rice brand is getting a new name: Ben's Original.
Asia Today: China to let in more foreigners as virus recedes
BEIJING (AP) — Foreigners holding certain types of visas and residence permits will be permitted to return to China starting next week as the threat of coronavirus continues to recede.
Utility equipment eyed as possible source of fire near LA
LOS ANGELES (AP) — Federal investigators are looking into whether a huge wildfire near Los Angeles was sparked by Southern California Edison utility equipment, according to the company.
China blasts US House bill, denies forced labor in Xinjiang
BEIJING (AP) — China on Tuesday lashed out at the passage of a bill by the U.S. House of Representatives that threatens sanctions over the alleged use of forced labor in China’s Xinjiang region, calling the accusat…
Investigators looking into whether huge wildfire near Los Angeles was sparked by utility equipment
LOS ANGELES (AP) — Investigators looking into whether huge wildfire near Los Angeles was sparked by utility equipment.
Ohio sues to block nuclear bailout money from being paid
COLUMBUS, Ohio (AP) — Ohio’s attorney general sued Wednesday in an attempt to block the state’s nuclear plants from collecting fees on electricity bills that were authorized in a new law at the center of a
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…