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…
The Latest: British PM unveils rules as virus cases spike
LONDON — British Prime Minister Boris Johnson appealed to a “spirit of togetherness” as he unveiled a series of new restrictions on everyday life to get on top of a dramatic spike in new coronavirus cases.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery rose 29 cents to $39.60 a barrel Tuesday. Brent crude oil for November delivery rose 28 cents to $41.72 a barrel.
Mall titan Brookfield, Ralph Lauren both reducing workforce
NEW YORK (AP) — Brookfield Properties, one of the nation's largest mall operators, is cutting 20% of its workforce in its retail division, as the pandemic has accelerated online shopping and resulted in a string of…
The top iPhone and iPad apps on App Store
Top Paid iPhone Apps:
Turkey, Greece soon to resume talks on resolving disputes
ANKARA, Turkey (AP) — Turkey and Greece have agreed to resume talks aimed at resolving long-festering disputes, following a weeks-long standoff between the neighbors over maritime boundaries and rights to exploit o…
The Latest: UK records nearly 5,000 new virus cases
LONDON — The U.K. has recorded nearly 5,000 new coronavirus cases, in the latest spike of the epidemic that has seen restrictions tightened across the country.
Expert: Loads left cargo ship unstable when it overturned
SAVANNAH, Ga. (AP) — A U.S. Coast Guard analysis found that a cargo ship overturned after departing a Georgia seaport because of unstable loading that left its center of gravity too high, making the vessel suscepti…
Powell and Mnuchin voice optimism but back more economic aid
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession with federa…
House Democrats hope to pass funding bill to avert shutdown
WASHINGTON (AP) — Democrats controlling the House pressed ahead Tuesday with a government-wide temporary funding bill that would keep federal agencies fully up and running into December and prevent a partial shutdo…
Canadian auto workers reach tentative contract with Ford
DETROIT (AP) — The union representing Canadian auto workers says it has reached a tentative three-year contract deal with Ford to build five new electric vehicles at a factory near Toronto.
Mall titan Brookfield to cut 20% of workforce in retail arm
NEW YORK (AP) — Brookfield Properties, one of the nation's largest mall operators, is cutting 20% of its workforce in its retail division, as the pandemic has accelerated online shopping and resulted in a string of…
US homes sales rise 2.4% in August
SILVER SPRING, Md. (AP) — Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers from a widespread shutdown in the spring brought on by the coronavirus outbreak.
Techies, investors, await news of Tesla battery potential
DETROIT (AP) — Tesla is expected to announce a breakthrough in electric vehicle battery chemistry on Tuesday that could bring down the cost of the vehicles and increase their range and durability.
US stocks mixed in early trading after 4-day losing streak
NEW YORK (AP) — Stocks are drifting in early trading on Wall Street Tuesday, with indexes mixed, a day after tumbling amid a raft of worries about the pandemic and governments’ response to it.
AP-NORC poll: Views of economy stabilize as election nears
WASHINGTON (AP) — Most Americans view the nation’s economic situation as bleak, but a rising percentage also see signs of stability six weeks before Election Day — if not reasons for optimism.