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…
Facebook, Twitter suspend Russian network ahead of election
OAKLAND, Calif. (AP) — Facebook said Tuesday that it removed a small network of accounts and pages linked to Russia’s Internet Research Agency, the “troll factory” that has used social media accounts to sow politic…
Zoom stock surges, market value tops Boeing, Starbucks
NEW YORK (AP) — A Zoom call has become an integral part of daily life during the coronavirus pandemic. On Tuesday, Wall Street acknowledged as much by boosting the videoconferencing company's market value above tha…
Hong Kong begins mass testing for virus amid public doubts
HONG KONG (AP) — Hong Kong tested more than 120,000 people for the coronavirus Tuesday at the start of a mass-testing effort that's become another political flash point in the semi-autonomous Chinese territory.
Facebook threatens to block news distribution in Australia
SAN FRANCISCO (AP) — Facebook threatened to
Feds to ship fast COVID-19 tests to assisted living sites
WASHINGTON (AP) — A federal official said Tuesday the government plans to ship rapid coronavirus tests to assisted living facilities, moving to fill a testing gap for older adults who don’t need the constant attent…
Colombia expands reopening as coronavirus cases stabilize
BOGOTA, Colombia (AP) — Airports, bus terminals, restaurants and gyms reopened in most of Colombia on Tuesday as the South American nation attempts to reignite its economy following months of restrictions for the c…
Thai finance minister quits 1 month after appointment
BANGKOK (AP) — Thailand’s finance minister resigned unexpectedly Tuesday after less than a month in the job, in which he was responsible for helping restore an economy slammed by the coronavirus.
Samsung touts $2,000 foldable phone as a 'VIP' experience
SAN RAMON, Calif. (AP) — Samsung's second attempt at a foldable smartphone will come with a $2,000 price tag and a few elite perks aimed at affluent consumers still able to afford the finer things in life during to…
Plume spews from natural gas well off Texas coast
CORPUS CHRISTI, Texas (AP) — Efforts to stem a plume spewing Tuesday from an offshore natural gas well platform in Texas have been hampered by rough waters, but officials say the environmental impact has been minim…
Eurozone unemployment capped by support programs _ for now
FRANKFURT, Germany (AP) — At first glance, unemployment across the 19 countries that use the euro currency appears remarkably low in the face of a savage recession brought on by the coronavirus. It's unlikely to re…
UK man guilty of trying to smuggle generator from US to Iran
A U.K. citizen has pleaded guilty in Florida to federal charges related to violating an embargo and attempting to smuggle industrial equipment to Iran.
Mnuchin says Trump still wants virus deal with Democrats
WASHINGTON (AP) — Pressed by Democrats to quickly negotiate a new coronavirus relief package, Treasury Secretary Steven Mnuchin said Tuesday the administration remains willing to work on a bipartisan agreement to h…
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…
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.
Black former franchisees sue McDonald's for discrimination
More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to less-profitable restaurants and didn’t give them the same support and opportunities given white f…