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…
Wall Street has biggest gain since July, sets more records
The Dow Jones Industrial Average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months.
Fed survey finds widespread pessimism about economic future
WASHINGTON (AP) — The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
Fed survey finds US economy had generally modest gains in August but activity remained below pre-pandemic levels
WASHINGTON (AP) — Fed survey finds US economy had generally modest gains in August but activity remained below pre-pandemic levels.
US agency posts online map to track autonomous vehicle tests
DETROIT (AP) — If you've ever seen one of those self-driving vehicles with strange equipment on the roof and wondered where it's going, then there's a website for you.
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.
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.
Greece holds bond sale ahead of defense spending boost
ATHENS, Greece (AP) — Greece raised 2.5 billion euros ($2.96 billion) in a bond auction Wednesday, taking advantage of low borrowing rates to boost state cash reserves needed for pandemic relief and emergency defen…
The Latest: Italy reaches 100,000 daily coronavirus tests
ROME – Italy registered a new surge in coronavirus infections, which rose by 1,326 on Wednesday.
Bank of England: Return of UK office workers to take time
LONDON (AP) — The Bank of England said Wednesday there are perfectly understandable reasons why the majority of office workers have yet to return to their pre-lockdown workplaces despite new coronavirus guidance fr…
Business owners tap into savings to withstand pandemic
NEW YORK (AP) — When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore’s tour business, leaving her with thousands of dollars in deposits to refund.
Mercedes-Benz unveils new flagship S-Class sedan
FRANKFURT, Germany (AP) — Daimler AG on Wednesday unveiled the new version of its Mercedes-Benz S-Class luxury sedan, the company's most important model and one it hopes will generate fat profits to help the Stuttg…
United plans to furlough 16,000 workers, fewer than expected
United Airlines said Wednesday it plans to furlough 16,370 employees in October, a smaller number than the airline predicted in July because thousands of workers agreed to leave with the travel industry facing a sl…
Michael Jordan gets stake in DraftKings for advisory role
SILVER SPRING, Md. (AP) — DraftKings had a big bounce on Wall Street Wednesday on news that basketball legend Michael Jordan is taking an ownership stake in the sports betting site.
US stocks head higher, add to market's solid string of gains
Stocks are broadly higher on Wall Street in afternoon trading Wednesday, on track to extend the market's milestone-setting run.
The Latest: Europe CDC: Virus spread slow so far in schools
BRUSSELS -- The head of the European Centre for Disease Prevention and Control says the coronavirus doesn’t seem to be spreading significantly in schools that opened early in Europe.