Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Restyle Design and Consign opens in Catalyst Center
MOSES LAKE — There’s no one style that defines Restyle Design and Consign, which held its ribbon-cutting May 4 at …
Technology stocks stumble, leading rest of the market lower
NEW YORK (AP) — Technology stocks took a tumble on Wall Street Thursday, giving back some of their spectacular gains over the past several months and dragging the rest of the market down with them.
Stocks lower as technology falters; more economic concerns
NEW YORK (AP) — Stocks were heading lower in early trading Thursday after setting records over the past several days. Technology stocks, which have been the biggest driver of this year's rally, pulled back the most…
Services sector growth slows in August but still positive
WASHINGTON (AP) — Growth in the U.S. services sector, where most Americans work, slowed in August after big rebounds in June and July, indicating lingering problems stemming from the coronavirus pandemic.
Russia: Germany has provided no proof of Navalny poisoning
MOSCOW (AP) — President Vladimir Putin's spokesman brushed off allegations Thursday that the Kremlin was involved in poisoning the Russian leader's most determined critic, accusing Germany of not providing Moscow w…
Economic recovery stalls as consumers signal caution
NEW YORK (AP) — The U.S. economy's economic engine may be running out of fuel.
Wrangler introduces Jeep's first electric-powered vehicle
DETROIT (AP) — Fiat Chrysler's Jeep brand is starting to offer gas-electric hybrid and eventually full electric powertrains across its lineup.
Hyundai, Kia recall vehicles for leaks that can cause fires
DETROIT (AP) — Korean automakers Hyundai and Kia are recalling over 600,000 vehicles in the U.S. and Canada to fix a brake fluid leak that could cause engine fires.
US trade deficit surges 18.9% in July to $63.6 billion, highest amount in 12 years
WASHINGTON (AP) — US trade deficit surges 18.9% in July to $63.6 billion, highest amount in 12 years.
Swiss region to take cryptocurrency for tax payments in 2021
GENEVA (AP) — A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year.
Jobless claims fall to 881,000 but layoffs remain elevated
WASHINGTON (AP) — The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week, a sign of possible improvement but evidence that the viral pandemic keeps forcing many busine…
US trade deficit surges in July to highest in 12 years
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
U.S. productivity rises a record 10.1% in second quarter
SILVER SPRING, Md. (AP) — U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years…
Honda, General Motors sign deal to work on vehicles together
DETROIT (AP) — General Motors and Honda are moving toward an alliance in North America to share vehicle development and technology costs as the industry moves toward electric and autonomous vehicles.
EU share of electric cars grew during virus lockdown months
FRANKFURT, Germany (AP) — The market share of electric cars in Europe increased during and immediately after the worst of the pandemic lockdowns, industry figures showed Thursday, even as overall sales of vehicles …
Greece suffers huge output loss but sticks to 2020 forecast
ATHENS, Greece (AP) — Greece has suffered a huge drop in output in the second quarter of the year, plummeting 15.2% on an annual basis, but the government insisted the figures did not worsen the country’s annual ou…