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…
Virus surge makes US weak link in global economic recovery
FRANKFURT, Germany (AP) — People in China are back to buying German luxury cars. Europe's assembly lines are accelerating. Now the global economy is waiting for the United States to get its coronavirus outbreak und…
China auto sales rise in July, as market regains momentum
BEIJING (AP) — China’s auto sales rose by 16.4% in July over a year earlier to 2.1 million units in a sign of sustained recovery for the industry’s biggest global market, an industry group said Tuesday.
Japan tech giant SoftBank's profits rise on investments
TOKYO (AP) — Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U.S. c…
Asia Today: Melbourne deaths rise at aged-care facilities
SYDNEY (AP) — Australia has reported the fewest number of new daily cases in its virus hotspot, Melbourne, since last month. But it also reported the nation’s highest daily death total since the virus outbreak bega…
Fiat Chrysler calls GM's bribery allegations 'preposterous'
DETROIT (AP) — Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are “preposterous” and read like a script from a “third-rate spy movie,” FCA lawyers wrote in court documents filed…
US employers post more jobs in June, pull back on hiring
WASHINGTON (AP) — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market.
This Week: Consumer prices, Tapestry earns, retail sales
A look at some of the key business events and economic indicators upcoming this week:
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 72 cents to settle at $41.94 a barrel Monday. Brent crude oil for October delivery rose 59 cents to $44.99 a barrel.
Telemedicine shines during pandemic but will glow fade?
Racked with anxiety, Lauren Shell needed to talk to her cancer doctor.
How major US stock indexes fared Monday
Stocks closed mostly higher on Wall Street Monday, nudging the S&P 500 within striking distance of its all-time high set in February.
The Latest: Confirmed coronavirus cases reach 20 million
PROVIDENCE, R.I. — The confirmed number of coronavirus cases in the world has reached 20 million. That’s according to the tally kept by Johns Hopkins University.
Liz Weston: Feel out of control? These money moves can help
Behavioral economist Dan Ariely and his colleagues at Duke University’s Center for Advanced Hindsight have a pact. Every week, the group of 50 people picks one small business in Durham, North Carolina, and each per…
Foot Locker, MGM rise; Reata, Kodak fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday:
US passenger train company drops Virgin as partner
FORT LAUDERDALE, Fla. (AP) — The partnership between Richard Branson's Virgin Group and the private Florida passenger train service Brightline has ended with a whimper, less than two years after it was celebrated w…
US investigates electrical fires in 2014 Chrysler minivans
DETROIT (AP) — The U.S. government's road safety agency is investigating complaints of fires in a power and charging port in some Chrysler Town and Country minivans.