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…
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…
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.
Stocks drift as Wall Street hugs record highs; yields climb
NEW YORK (AP) — U.S. stocks are drifting close to their record heights Tuesday, as momentum slows on Wall Street.
US new homes sales rise a huge 13.9% in July
WASHINGTON (AP) — US new homes sales rise a huge 13.9% in July.
Sales of new homes rise 13.9% in July, 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.
US consumer confidence falls for second straight month in August, to reading of 84.8
WASHINGTON (AP) — US consumer confidence falls for second straight month in August, to reading of 84.8.
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.
The Latest: Spanish PM offers military for contact tracing
MADRID — Spanish Prime Minister Pedro Sánchez has offered officials running the country’s 17 regions help from the military to conduct coronavirus contact tracing.
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…
Burger King operator in China fined over expired ingredients
BEIJING (AP) — The operator of six Burger King outlets in southern China that used expired ingredients has been required to pay more than $400,000 in a case publicized by state TV, a regulator announced Tuesday.
Facebook blocks group that discusses Thai monarchy
BANGKOK (AP) — Facebook has blocked in Thailand a group with more than a million members that engages in open discussion about the Thai monarchy, an institution that is staunchly protected from criticism by strict …
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.
Alibaba's Ant Group files for IPO in Hong Kong, Shanghai
HONG KONG (AP) — Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, on Tuesday filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the…
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…
Credit Suisse to shut 37 bank branches in Switzerland
BERLIN (AP) — Swiss bank Credit Suisse said Tuesday that it plans to close 37 branches in its home country as part of an effort to streamline its business, and said that some job cuts are inevitable.