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…
UK records deepest recession among top economies
LONDON (AP) — Britain has suffered the deepest recession among the world’s top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of efforts to con…
Asia Today: Victoria adds 21 deaths, Singapore clears dorms
MELBOURNE, Australia (AP) — The Australian state of Victoria on Wednesday reported a record 21 virus deaths and 410 new cases from an outbreak in the city of Melbourne that has prompted a strict lockdown.
Business lobby raises concerns over Trump payroll tax break
WASHINGTON (AP) — The nation's leading business group on Wednesday raised serious concerns about President Donald Trump's move to
The Latest: Seattle schools to start with remote teaching
SEATTLE — The Seattle school board has voted unanimously to begin the academic year with remote teaching only.
How can Wall Street be so healthy when Main Street isn't?
NEW YORK (AP) — The stock market is not the economy.
Stein Mart files for bankruptcy; to close nearly 300 stores
ST. PETERSBURG, Fla. (AP) — National discount department store chain Stein Mart filed for bankruptcy on Wednesday after 112 years in business, and announced that it will close most, if not all, of its 280 stores.
New Mexico's largest newspapers combine printing operations
ALBUQUERQUE, N.M. (AP) — The Albuquerque Journal and the Santa Fe New Mexican newspapers are partnering to print both publications at the The New Mexican’s production facility in Santa Fe in a cost-cutting move.
Microsoft back in the smartphone business with its new Duo
Microsoft is back to selling smartphones for the first time since it abandoned its mobile business more than four years ago.
New Zealand scrambles to find source of new virus infections
WELLINGTON, New Zealand (AP) — Health authorities in New Zealand were scrambling Wednesday to trace the source of a new outbreak of the coronavirus as the nation's largest city went back into lockdown.
Stocks rebound on Wall Street, S&P 500 trades above record
Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market plunge.
Companies test antibody drugs to treat, prevent COVID-19
With a coronavirus vaccine still months off, companies are rushing to test what may be the next best thing: drugs that deliver antibodies to fight the virus right away, without having to train the immune system to …
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…
As Hong Kongers seek to emigrate, some simply can’t leave
HONG KONG (AP) — Pamela Lam’s 6-year-old son fell in love with the Hong Kong protest anthem, “Glory to Hong Kong,” the first time he heard it, and he loves singing it, at home, in the shower, and sometimes on the s…
Shares mostly lower in Asia after retreat on Wall Street
Shares were mostly lower in Asia on Wednesday after Wall Street pumped the brakes on its recent rally.
3 killed in southern India in clashes over Facebook post
NEW DELHI (AP) — At least three people were killed in the southern Indian city of Bengaluru when police clashed with hundreds of Muslims who attacked a police station and set fire to vehicles during a protest over …