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…
Wall Street falls, S&P 500 down 1.2% as global markets swoon
NEW YORK (AP) — Wall Street slumped Monday as markets tumbled worldwide on worries about the pandemic’s economic pain, though the S&P 500 had pared its losses by the end of the day.
Detroit auto show changes dates, moves to September of 2021
DETROIT (AP) — Detroit's big auto show is changing dates once again.
Soaring wealth during pandemic highlights rising inequality
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to
The Latest: Italy adds parts of France to COVID-19 blacklist
ROME — Italy added Paris and other parts of France to its COVID-19 blacklist on the same day it counted another 1,350 coronavirus infections of its own. Another 17 people died in the past day, bringing Italy’s offi…
US cruises vow 100% testing in plan for resuming sailing
Major cruise lines say they will test all passengers and crew for COVID-19 prior to boarding as part of their plan for resuming sailing in the Americas.
Democrats unveil temporary funding bill to avert shutdown
WASHINGTON (AP) — Democrats controlling the House unveiled a government-wide temporary funding bill on Monday that would keep federal agencies fully up and running into December. The measure would prevent a partial…
Bank shares slide on report of rampant money laundering
The financial sector was hit hard Monday following a report alleging that a number of banks, JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon among them, have continued to profit f…
Lufthansa pulls more big jets, issues gloomy outlook
German airline Lufthansa, already bailed out by the government, says it will have to make more staff cuts and mothball more jumbo jets than originally planned because the outlook for air travel is worse than the co…
US household wealth hits record even as economy struggles
WASHINGTON (AP) — Americans' household wealth rebounded last quarter to
EU sanctions Turkish firm over Libya arms embargo violations
BRUSSELS (AP) — The European Union on Monday slapped sanctions on three transport companies for violating the U.N. arms embargo on Libya, including the Turkish shipping firm that operates a vessel at the center of …
S&P 500 loses 2.5%, Dow losses reach 900 amid global tumble
NEW YORK (AP) — Stocks are falling sharply on Wall Street Monday, joining a global tumble for markets as the S&P 500 sinks more than 2.5%.
GAO: Millions in danger of missing coronavirus payments
WASHINGTON (AP) — A government watchdog says millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records.
Central bank head: Europe's recovery uncertain, incomplete
FRANKFURT, Germany (AP) — The head of the
The Latest: Italian voters turn out in droves despite virus
ROME — Italians have turned out in droves to vote in regional elections and on a referendum on cutting the number of parliamentarians by a third, despite the coronavirus and strict hygiene protocols at all polls.
The Latest: Yangon adopts stricter lockdown measures
YANGON, Myanmar — Myanmar’s biggest city, Yangon, on Monday began its first day under a tightened lockdown, with initial enforcement measures appearing lax.