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…
US consumer confidence falls in August to lowest in 6 years
WASHINGTON (AP) — U.S. consumer confidence fell for the second consecutive month, sinking to the lowest levels in more than six years as a resurgence of COVID-19 infections in many parts of the country heightened p…
Kashmir group calls India’s internet ban 'digital apartheid'
SRINAGAR, India (AP) — A prominent rights group in Indian-administered Kashmir on Tuesday described a communications blackout imposed by India following its scrapping of the disputed region’s semi-autonomy last yea…
Germany's record contraction in Q2 slightly less than feared
BERLIN (AP) — The German economy, Europe's biggest, shrank by slightly less than originally estimated during the second quarter, the country's official statistics agency said Tuesday — though the 9.7% drop was stil…
Swiss team claims 1st jump, free fall from solar plane
BERLIN (AP) — A Swiss team working to take a solar-powered plane to the edge of space says it has performed the first jump and free fall from an electric aircraft.
AP-NORC poll: Many in US shoring up finances amid downturn
WASHINGTON (AP) — It's the paradox of a pandemic that has crushed the U.S. economy: 12.9 million lost jobs and a dangerous rash of businesses closing, yet the personal finances of many Americans have remained stron…
NTSB: Lawmaker in plane crash flew despite vision problems
An Alaska state lawmaker who was involved in a July midair collision that killed seven people was piloting his plane even though his medical flight certification was denied eight years ago because of vision problem…
Ex-pharmaceutical company boss faces insider trading charges
NEW YORK (AP) — The former head of a pharmaceutical company was arrested Tuesday in California on insider trading charges, accused of feeding secrets that enabled friends and family to earn over $700,000 illegally.
S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June
WASHINGTON (AP) — U.S. home prices rose at a slightly slower pace in June, but the U.S. housing market continued to show resilience in the face of the coronvavirus pandemic.
How major US stock indexes fared Tuesday
Stock indexes closed mostly higher on Wall Street Tuesday, nudging the S&P 500 to another record high.
Nordstrom's 2Q sales down 53% hurt by pandemic fallout
NEW YORK (AP) — Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporari…
July sales of new homes surge 13.9%, far more than thought
SILVER SPRING, Md. (AP) — Sales of new homes jumped again in July, rising 13.9% as the housing market continues to gain traction following a spring downturn caused by pandemic-related lockdowns.
Australia blocks Kirin's $430M sale of business to Chinese
CANBERRA, Australia (AP) — Australia's government announced on Tuesday it proposed to block Kirin Holdings Co.'s 45.6 billion yen ($430 million) sale of its Australian beverage unit to a Chinese company in a develo…
KFC suspends ‘Its Finger Lickin’ Good’ slogan amid pandemic
LOUISVILLE, Ky. (AP) — Don’t lick your fingers!
Rio Tinto CEO loses $3.5M over destroyed Indigenous sites
CANBERRA, Australia (AP) — Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in bonuses due to the destruction of Australian Indigenous sacred sites to access iron ore, the mining compa…
Thai court issues new arrest warrant for Red Bull scion
BANGKOK, Thailand (AP) — A Thai court issued a new arrest warrant on Tuesday for an heir to the Red Bull energy drink fortune, a month after news of the dropping of a long-standing charge against him caused widespr…