Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Interest rates hold back home sales in the Basin, statewide
MOSES LAKE — High interest rates are slowing down sales in the Basin real estate market. The average monthly ra…
Judge refuses to reconsider GM lawsuit against Fiat Chrysler
A federal judge in Detroit said Friday that he will not reconsider his July dismissal of General Motors’ racketeering lawsuit against Fiat Chrysler Automobiles.
American considering cutting flights to many smaller cities
DALLAS (AP) — American Airlines is planning to drop flights to up to 30 smaller U.S. cities if a federal requirement to continue those flights expires at the end of next month, an airline executive familiar with th…
The Latest: S Korea concerned as new cases spike above 100
SEOUL, South Korea — South Korea is reporting 103 new coronavirus cases. It is one of the country’s biggest daily jumps in months, and officials are expressing concern that infections are getting out of control in …
US industrial production up 3%; factory output up 3.4%
WASHINGTON (AP) — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
Trump orders Chinese owner of TikTok to sell US assets
WASHINGTON (AP) — President Donald Trump on Friday gave the Chinese company ByteDance 90 days to divest itself of any assets used to support the popular TikTok app in the United States.
Major US postal workers union endorses Biden for president
WASHINGTON (AP) — A major union representing U.S. postal workers has endorsed Democrat Joe Biden for president, a move that comes as President Donald Trump has acknowledged starving the postal service of money in o…
The Latest: S Korea fears infections getting out of control
SEOUL, South Korea — New coronavirus cases in South Korea have reached the highest level in five months, and authorities fear infections are getting out of control in the Seoul region, which is home to half the cou…
Miami businessman pleads guilty in Vermont ski fraud case
A Miami businessman accused of being the mastermind behind the largest fraud case in Vermont's history pleaded guilty on Friday over a failed plan to build a biotechnology plant using tens of millions of dollars in…
The Latest: S. Korea reports largest virus jump since March
SEOUL, South Korea — South Korea has reported 279 newly confirmed cases of the coronavirus, it’s highest daily jump since early March, as fears grow about a massive outbreak in the greater capital region.
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Officials: U.S. seizes Iranian gas heading for Venezuela
MIAMI (AP) — The Trump administration has seized the cargo of four tankers it was targeting for transporting Iranian fuel to Venezuela, U.S. officials said Thursday, as it steps up its campaign of maximum pressure …
Man, 30, becomes 3rd Revel scooter fatality in New York City
NEW YORK (AP) — A 30-year-old man injured in a Revel scooter accident three days
Mazda-Toyota boosts investment in Alabama plant by $830M
HUNTSVILLE, Ala. (AP) — Mazda Toyota Manufacturing, the new joint-venture between the two auto companies, on Thursday announced an additional $830 million investment in its new Alabama plant.
Asian shares mixed on weak China data, worries over pandemic
TOKYO (AP) — Asian shares were mixed on Friday as investors studied fresh data out of China showing that its recovery remains subdued.
Michigan plans dedicated road lanes for autonomous vehicles
LANSING, Mich. (AP) — The state of Michigan and some private partners are taking steps toward building or assigning dedicated lanes for automated vehicles on a 40-mile (65-kilometer) stretch of highway between Detr…