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…
Both sides play the blame game as virus relief talks stall
WASHINGTON (AP) — With talks on emergency coronavirus aid having stalled out, both sides played the blame game Thursday rather than make any serious moves to try to break their stalemate. Official Washington is emp…
Widodo pledges health, economic reforms amid virus crisis
JAKARTA, Indonesia (AP) — Indonesia’s president called on all citizens to turn the COVID-19 crisis into an advancement opportunity and pledged health care reforms in an address Friday ahead of the country's 75th an…
New Zealand extends Auckland lockdown as virus cluster grows
WELLINGTON, New Zealand (AP) — New Zealand's government on Friday extended a lockdown of its largest city Auckland for another 12 days as it tries to stamp out its first domestic coronavirus outbreak in more than t…
Wayfair pulls towel depicting deity after Hindus object
BOSTON (AP) — Online home goods retailer Wayfair has pulled a beach towel depicting the Hindu deity Lord Ganesha, according to a Hindu organization that raised objections.
Dutch economy shrinks by 'unprecedented' 8.5% as virus hits
THE HAGUE, Netherlands (AP) — The Dutch economy suffered an unprecedented 8.5% contraction in the second quarter as the coronavirus pandemic slammed the brakes on spending, exports and investments, the country's Ce…
US retail sales rise for 3rd month but slowdown expected
WASHINGTON (AP) — Americans increased their spending at retail stores and restaurants in July for a third straight month, but some evidence suggests that sales are weakening with the expiration of government rescue…
US productivity rises 7.3% as hours worked are nearly halved
SILVER SPRING, Md. (AP) — U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest drop-off since the government started tracking the data more than…
Melting 'frozen memories,' AI helps Japanese recall war days
TOKYO (AP) — When Tokuso Hamai saw the colorized version of an old black-and-white photo of a picnic held under cherry tree blossoms sometime before World War II, forgotten memories of family members, most of whom …
By sea, rail or by air, Brits scramble to get out of France
LONDON (AP) — Cars lined up at ports while trains and planes filled out fast as British tourists scurried to get out of France on Friday before a deadline that would require them to quarantine at home for two weeks…
Madison Square Garden Sports Corp.: Fiscal 4Q Earnings
NEW YORK (AP) — Madison Square Garden Sports Corp. (MSGS) on Friday reported a loss of $78.5 million in its fiscal fourth quarter.
China factory output flat, retail sales slip in July
BEIJING (AP) — China's factory output rose just under 5% last month from a year earlier while retail sales fell slightly, suggesting the country's recovery from the coronavirus pandemic remains muted.
How major US stock indexes fared Friday
Wall Street ended Friday more or less where it started after a day of drifting between small gains and losses for major stock indexes.
India to invest $1.46 trillion to lift virus-hit economy
NEW DELHI (AP) — India’s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure projects to boost the sagging economy.
Italy garbage dips with virus lockdowns, but plastics rise
ROME (AP) — Italy produced 10% less garbage during its coronavirus lockdown, but environmentalists warn that increased reliance on disposable masks and packaging is imperiling efforts to curb single-use plastics th…
TikTok and its employees prepare to fight Trump over app ban
TikTok and its U.S. employees are planning to take President Donald Trump's administration to court over his sweeping order to ban the popular video app, according to a lawyer preparing one of the lawsuits.