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…
Macy's posts $431 million loss as sales drop 36%
NEW YORK (AP) — Macy’s got more people to shop on its website and app, but it wasn’t enough to make up for plummeting sales inside its department stores.
Asian shares mixed after US rally, positive data
TOKYO (AP) — Asian shares were mixed on Wednesday after another U.S. rally spurred by positive economic data, even while the coronavirus pandemic has regions around the world battling recessions.
Czech Senate president meets Taiwan leader; Beijing protests
TAIPEI, Taiwan (AP) — The Czech Senate president met with Taiwanese leader Tsai Ing-wen and other top government officials Thursday during a rare trip by a foreign dignitary to the self-ruled democratic island that…
Study: Electronics could stop 40% of big truck rear crashes
DETROIT (AP) — Safety features such as automatic emergency braking and forward collision warnings could prevent more than 40% of crashes in which semis rear-end other vehicles, a new study has found.
Survey: US companies added just 428,000 jobs last month
WASHINGTON (AP) — U.S. companies added jobs at a modest pace last month, a private survey found, a sign that while hiring continues, it is only soaking up a relatively small proportion of the unemployed.
Swiss authority opens case against Credit Suisse over spying
GENEVA (AP) — Switzerland's financial market oversight body said Wednesday that it has opened “enforcement proceedings” against Credit Suisse in the wake of a spying scandal that has marred the image of the bank.
Federal budget deficit to hit record $3.3 trillion due to COVID-19 costs, recession
WASHINGTON (AP) — Federal budget deficit to hit record $3.3 trillion due to COVID-19 costs, recession.
High Court in London backs Virgin Atlantic's rescue plan
LONDON (AP) — Virgin Atlantic’s 1.2 billion-pound ($1.6 billion) restructuring plan was approved Wednesday by the High Court in London, allowing the international airline to continue rebuilding its operations after…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for October delivery fell $1.25 to $41.51 a barrel Wednesday. Brent crude oil for November delivery dropped $1.15 to $44.43 a barrel.
US officials: No new environmental study for nuclear lab
ALBUQUERQUE, N.M. (AP) — The National Nuclear Security Administration says it doesn’t need to do an additional environmental review for Los Alamos National Laboratory before it begins producing key components for t…
Asian stock markets follow Wall Street higher
Asian stock markets rose Thursday after Wall Street turned in its biggest daily gain since July despite uncertainty about the global outlook.
Asia Today: Beijing receiving 1st int'l flights since March
BEIJING (AP) — Beijing’s main international airport on Thursday began receiving international flights again from a limited number of countries considered at low risk of coronavirus infection.
Australia's economy takes sharpest dive since the 1930s
CANBERRA, Australia (AP) — Australia’s economy suffered its sharpest economic contraction since the Great Depression due to the pandemic, with data released Wednesday confirming the country is in its first recessio…
Emission abates from leaking natural gas well of Texas coast
CORPUS CHRISTI, Texas (AP) — The emission from a leaking natural gas well off the Texas coast could no longer be seen from shore by Wednesday and was down to about 5 percent of what it was the day before, officials…
Critics: Eviction ban may only delay wave of homelessness
BOSTON (AP) — Housing advocates say the Trump administration's surprise national moratorium on evictions only delays a wave of crushing debt and homelessness, and an attorney representing landlords questions whethe…