Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Dryer vent cleaning is important -- but often overlooked
MOSES LAKE — Not all the maintenance a house needs is visible. Sometimes a potential problem just goes unnoticed u…
More Americans sign contracts to buy homes in July
SILVER SPRING, Md. (AP) — More Americans signed contracts to buy homes in July, suggesting the current hot housing market could continue in the fall.
UK freight train carrying diesel catches fire, derails
LONDON (AP) — About 300 people in Wales had to be evacuated after a freight train carrying large amounts of diesel caught fire and derailed, British Transport Police said Thursday.
Asia Today: Virus surge makes S. Korean lockdown more likely
SEOUL, South Korea (AP) — South Korea reported 441 new cases of the coronavirus on Thursday, its highest single-day total in months, making lockdown-like restrictions look inevitable as transmissions slip out of co…
US detaining more migrant children in hotels despite outcry
HOUSTON (AP) — The Trump administration has sharply increased its use of hotels to detain immigrant children as young as 1 before expelling them from the United States during the coronavirus pandemic despite facing…
Montenegro parliamentary vote tests pro-Western ruling camp
PODGORICA, Montenegro (AP) — Montenegro is holding a parliamentary election this weekend with the pro-Western government facing pressure over the new coronavirus outbreak and ongoing tensions in relations with Serb…
Walmart partners with Microsoft in bid for TikTok with ownership of Chinese video app up for grabs
NEW YORK (AP) — Walmart partners with Microsoft in bid for TikTok with ownership of Chinese video app up for grabs.
A ruling party member confirms Japan's Prime Minister Shinzo Abe is resigning due to his declining health
TOKYO (AP) — A ruling party member confirms Japan's Prime Minister Shinzo Abe is resigning due to his declining health.
Asia Today: South Korea tightens distancing as cases mount
SEOUL, South Korea (AP) — South Korea is tightening social distancing restrictions in the greater capital area, requiring restaurants to provide only deliveries and takeouts after 9 p.m. and shutting down gyms and …
FirstEnergy had big stake in tainted nuclear plant bailout
CLEVELAND (AP) — FirstEnergy Corp. was once blamed for its part in triggering North America's largest blackout nearly 20 years ago. Now, the multistate power company is again facing intense scrutiny — this time for…
Masks imposed on Paris; 20% of France in virus red zone
PARIS (AP) — The virus is actively circulating in about 20% of France’s regions and masks will now be required for everyone in Paris starting Friday — but the government is determined to
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON (AP) — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2% target level.
Oil and gas industry assesses damage at refineries, plants
NEW YORK (AP) — The energy industry is assessing damage caused by storm surges and high winds as Hurricane Laura cut a dangerous path across the coastlines of Texas and Louisiana, making landfall early Thursday.
U.S. economy plunged an annualized 31.7% in second quarter
BALTIMORE (AP) —
US long-term mortgage rates fall; 30-year at 2.91%
WASHINGTON (AP) — U.S. average rates on long-term mortgages fell this week, with historically low levels continuing to fuel demand for homes.
United will cut up to 2,850 pilots without more federal aid
CHICAGO (AP) — United Airlines said Thursday that it will furlough up to 2,850 pilots this fall unless the federal government provides more relief to help airlines cover their labor costs during a pandemic-fueled d…