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…
California heat spurs 1st rolling power outages since 2001
LOS ANGELES (AP) — California on Friday ordered rolling power outages for the first time since 2001 as a statewide heat wave strained its electrical system.
PG&E tells regulators upcoming outages will go more smoothly
SAN RAMON, Calif. (AP) — Pacific Gas and Electric promised regulators Thursday that it has learned from its mishandling of deliberate blackouts and won’t disrupt as many people’s lives during the pandemic this year…
Malaysian economy shrinks 17% in worst contraction on record
KUALA LUMPUR, Malaysia (AP) — Malaysia has reported its economy contracted 17% in the last quarter in its worst downturn since the global financial crisis.
North Korea lifts lockdown in city, rejects flood, virus aid
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un lifted a lockdown in a major city near the border with South Korea where thousands had been quarantined for weeks over coronavirus worries, state media said…
Home prices climb to record in pandemic as buyers seek space
NEW YORK (AP) — A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So, with a desire to move near family, the retir…
Asia Today: India's virus death toll rises, Seoul cases jump
NEW DELHI (AP) — India’s coronavirus death toll overtook Britain's to become the fourth-highest in the world with another single-day record increase in cases Friday.
Trade group report: Gambling economy hit hard by coronavirus
LAS VEGAS (AP) — The coronavirus and efforts to fight it have hit U.S. casinos and legal gambling businesses hard, leading to a nearly 79% drop in commercial gambling revenue for the second quarter of 2020, the ind…
Asia Today: Restrictions in S. Korea, India cases hit 2.5M
SEOUL, South Korea (AP) — South Korea on Saturday announced stronger social distancing restrictions for its greater capital area where a surge in COVID-19 cases has threatened to erase the hard-won gains against th…
The Latest: Manhattan's light display marking 9/ll back on
NEW YORK -- New York's annual light display honoring victims of 9/11 is back on, officials announced Saturday. They say health officials will supervise this year’s tribute to ensure workers’ safety amid concerns re…
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.
The Latest: Pressure grows in France to tighten mask rules
PARIS — Pressure is growing on the French government to require masks in all workplaces and everywhere in public as coronavirus infections resurge.
After brief trade truce, US slaps levy on Canadian aluminum
WASHINGTON (AP) — After more than two years of browbeating and trade sanctions on Canada and Mexico, President Donald Trump strong-armed the United States’ neighbors into agreeing to supplant a 25-year-old North Am…
Trump's EPA dumps methane emissions rule for oil, gas fields
HARRISBURG, Pa. (AP) — President Donald Trump's administration is undoing Obama-era rules designed to limit potent greenhouse gas emissions from oil and gas fields and pipelines, formalizing the changes Thursday in…
US seizes virtual currency alleged to fund militant groups
WASHINGTON (AP) — The
Stocks barely budge on Wall Street; S&P 500 just shy of high
NEW YORK (AP) — Stock indexes barely budged on Wall Street Friday, leaving the S&P 500 just shy of its record once again.