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…
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.
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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…
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…
How major US stock indexes fared Thursday
Energy companies led a pullback on Wall Street Thursday that left stock indexes mostly lower.
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.
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…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery fell 43 cents to settle at $42.24 a barrel Thursday. Brent crude oil for October delivery fell 47 cents to $44.96 a barrel.
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…
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…