Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin hospitals honored by state association
MOSES LAKE — Four local hospitals were awarded the Achievement of Quality Excellence by the Washington State Hospi…
Bank of England eyes sub-zero rates in face of virus, Brexit
LONDON (AP) — The Bank of England indicated Thursday that it could cut interest rates below zero for the first time in its 326-year history as it tries to shore up a U.K. economic recovery that is facing the dual h…
Wall Street slumps as Big Tech once again leads decliners
Another slide in technology companies helped pull stocks lower on Wall Street Thursday, extending losses from the day before.
Correction: Virus Outbreak-Toilet Paper story
NEW YORK (AP) — In a story September 15, 2020, about Mexican toilet paper showing up in U.S. stores, The Associated Press erroneously reported where Essity is based. Essity is a Swedish company, not a Swiss company…
Syria blames US for harsh fuel crisis paralyzing the country
BEIRUT (AP) — Syria’s oil minister claimed the severe fuel crisis that has hit his country is the result of Western sanctions, and also allegedly because oil fields in eastern regions have fallen under control of A…
August US home building slides 5.1% after months of gains
WASHINGTON (AP) — U.S. housing construction fell a surprising 5.1% in August after three months of strong gains when home builders ramped up projects following a pandemic-induced shutdown in March and April.
Asia Today: India's gov't criticized over handling of virus
NEW DELHI (AP) — India reported another record daily increase in coronavirus infections Thursday after Prime Minister Narendra Modi’s government faced scathing opposition criticism in Parliament over its handling o…
Yes, stocks are pricey. But too expensive?
NEW YORK (AP) — Yes, stocks are expensive. Most everyone along Wall Street agrees on that following their amazing return to records despite the still-raging pandemic.
Number of Americans filing for unemployment aid fell to 860,000
WASHINGTON (AP) — Number of Americans filing for unemployment aid fell to 860,000.
US home construction falls 5.1% in August following string of gains after pandemic shutdown
WASHINGTON (AP) — US home construction falls 5.1% in August following string of gains after pandemic shutdown.
The Latest: WHO leader in Europe warns of virus spread again
GENEVA -- The European head for the World Health Organization is warning of “alarming rates of transmission” of the coronavirus in parts of the continent.
Outgoing US ambassador to China to help Republican campaigns
BEIJING (AP) — Outgoing U.S. Ambassador to China Terry Branstad said he will help Republicans campaigning in his native Iowa after returning home next month.
French unions protest tire factory closure amid virus crisis
PARIS (AP) — Workers protested Thursday at a Bridgestone tire factory in northern France over the company’s decision to close the plant and lay off its nearly 900 workers, accusing management of using the virus-dri…
COVID-19 danger continues to drive joblessness in US
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that illustrates the broad economic damage still taking place nine months…
UK defends planned Brexit deal breach as Biden slams move
LONDON (AP) — The British government faced more opposition Thursday to its plans to breach the Brexit agreement with the European Union, with Democratic presidential candidate Joe Biden becoming the latest American…
2 Spanish banks merge amid tough times for financial sector
LISBON, Portugal (AP) — Two of Spain’s biggest banks are poised to merge and create the largest lender in the country, with assets of more than 600 billion euros ($708 billion), bringing the prospect of more job lo…