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. …
Global stocks pick up as investors watch data, Fed
World stocks mostly rose on Wednesday as investors digested new data showing Europe's economic recovery may be slowing and looked ahead to a testimony by the Federal Reserve's chairman.
Pilgrim's Pride CEO, indicted on price fixing counts, is out
GREELEY, Colo. (AP) — Pilgrim’s Pride has replaced its CEO as he prepares to face price fixing charges.
Is credit card relief little help? Check out debt management
As cardholders experience financial difficulties due to COVID-19, some credit card issuers are promoting their hardship programs.
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…
German Cabinet approves 2021 budget with high borrowing
Germany's Cabinet on Wednesday approved a 2021 budget that foresees significant borrowing for the second consecutive year as Europe's biggest economy tries to lessen the fallout of the coronavirus crisis.
Edmunds: Why electric vehicle ranges vary from EPA estimate
You’ve probably heard the phrase “your mileage may vary” with regard to how your real-world fuel economy compares to the EPA estimate. The adage refers to gasoline-powered vehicles, but the same applies to electric…
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.
Powell: Many small companies can borrow without Main Street
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that many mid-size U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggl…
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.
Watchdog: Millions in danger of missing virus relief payouts
WASHINGTON (AP) — Millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records, a government watchdog said in a report issued Mo…
Asia Today: Duterte extends virus calamity status by a year
MANILA, Philippines (AP) — President Rodrigo Duterte says he has extended a state of calamity in the entire Philippines by a year to allow the government to draw emergency funds faster to fight the COVID-19 pandemi…
Longtime ally to Trump's postal chief was paid by RNC
WASHINGTON (AP) — A former executive who worked in the private sector for Postmaster General Louis DeJoy was recently paid by President Donald Trump's reelection effort, according to a new campaign finance disclosu…
Founder of GM electric truck partner quits amid allegations
FRANKFURT, Germany (AP) — Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud — just two weeks after signing a $2 billion pa…
The Latest: Honolulu to allow some activities to resume
HONOLULU -- Honolulu Mayor Kirk Caldwell says the city plans to allow some activities that were shut down last month to control the spread of the coronavirus to resume under new guidelines.
California reopens more widely as infections hit lowest rate
LOS ANGELES (AP) — More of California was cleared to reopen additional businesses Tuesday, including most of the San Francisco Bay Area and one of Southern California's largest counties, as coronavirus infection ra…