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…
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…
How major US stock indexes fared Thursday
Energy companies led a pullback on Wall Street Thursday that left stock indexes mostly lower.
Forecast says US hotel occupancy may not recover until 2023
U.S. hotel demand likely won’t see a full recovery until 2023, according to a new forecast from travel data company STR and consultant Tourism Economics.
Pompeo, in Slovenia, pushes 5G security, warns about China
BLED, Slovenia (AP) — U.S. Secretary of State Mike Pompeo visited Slovenia on Thursday to make the case for high-speed wireless networks that bar Chinese companies like Huawei.
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.
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 …
Carlsberg sees growth in Asia as other markets decline
COPENHAGEN, Denmark (AP) — Danish brewer Carlsberg said Thursday its second quarter net profit dropped 7.3% to 2.9 billion kroner ($458 million) as all its markets were affected “to a greater or lesser extent” by t…
US long-term mortgage rates rise; 30-year at 2.96%
WASHINGTON (AP) — U.S. average rates on long-term mortgages rose this week but remained at historically low levels. The key 30-year loan stayed below 3%.
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.
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.
Attacks, pandemic a 'gut punch' for famed Chicago district
CHICAGO (AP) — Neil Mehra’s cigar shop just off Chicago's Michigan Avenue wouldn't normally share much in common with big brand-name stores such as Tiffany’s and Saks Fifth Avenue, whose boutiques sit on the choice…
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.
US says Iran briefly seizes oil tanker near Strait of Hormuz
DUBAI, United Arab Emirates (AP) — The Iranian navy boarded and briefly seized a Liberian-flagged oil tanker near the strategic Strait of Hormuz amid heightened tensions between Tehran and the U.S., the American mi…
Thai leader says unity necessary to revive virus-hit economy
BANGKOK (AP) — Thailand’s prime minister, facing growing demands from students for change, warned Thursday that the nation must pull together to overcome the economic damage caused by the coronavirus pandemic.