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…
US jobless claims fall below 1 million but remain high
WASHINGTON (AP) — The number of Americans applying for unemployment dropped below 1 million last week for the first time since the coronavirus outbreak took hold in the U.S. five months ago, but layoffs are still r…
963,000 workers seek US jobless aid as layoffs fall below 1 million for first time in 5 months
WASHINGTON (AP) — 963,000 workers seek US jobless aid as layoffs fall below 1 million for first time in 5 months.
What No Student Loan Payments Until 2021 Means for You
You don’t have to make another federal student loan payment in 2020. Now is the time, though, to decide what to do before your bill arrives in January 2021.
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.
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…
The Latest: Study says 6% of England infected, led by London
LONDON — Researchers at Imperial College estimate that 6% of England’s population — or 3.4 million people — have been infected by COVID-19, a figure far higher than previous findings.
The Latest: UN says 43% of schools lack water, soap
JOHANNESBURG — The United Nations estimates that 43% of schools around the world don’t have access to water and soap for basic hand-washing.
The Latest: Greece investigates cases at retirement home
THESSALONIKI, Greece – A Greek prosecutor has ordered an investigation into a string of infections at a retirement home in northern Greece, where 33 of the 150 residents and three staff members have tested positive…
Global shares mixed, led by Tokyo gains, after Wall St rally
TOKYO (AP) — Global shares were mixed Thursday, cheered by the rally on Wall Street that's likely a boon for export-driven regional economies, despite concerns over the coronanvirus pandemic.
China extends anti-dumping tariffs on Indian optical fiber
BEIJING (AP) — China’s Commerce Ministry said Thursday it has extended punitive tariffs on Indian optical fiber products for five years.
German investigators appeal for help finding tech executive
BERLIN (AP) — German investigators are appealing for the public's help in tracking down the former chief operating officer of bankrupt payment company Wirecard who is facing allegations of fraud and other charges.
Simon, Authentic Brands buying Brooks Brothers for $325M
Brooks Brothers will be purchased for $325 million by a retail venture owned by licensing company Authentic Brands Group and mall owner Simon Property Group.
Chicago Police post looting videos to identify suspects
CHICAGO (AP) — Chicago police started giving people another look Wednesday at the looting that happened downtown and around the city this week and are hoping they will recognize suspects and provide their names and…
US consumer prices rose 0.6% in July, matching June uptick
WASHINGTON (AP) — U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise.
Asia Today: Australia outbreak slows, New Zealand cases grow
SYDNEY (AP) — The coronavirus outbreak centered in Australia's second-largest city showed a decline in new infections Thursday, though the state's leader urged continued vigilance.