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…
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…
Fiat Chrysler calls GM allegations 'defamatory and baseless'
DETROIT (AP) — Fiat Chrysler Automobiles is denying allegations by General Motors that FCA used foreign bank accounts to bribe union officials so they would stick GM with higher labor costs.
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…
Germany's Maas confronts Pompeo over pipeline threat
BERLIN (AP) — German Foreign Minister Heiko Maas said Monday he has personally told U.S. Secretary of State Mike Pompeo of his “dismay” over a warning by three Republican senators who threatened sanctions against a…
Air traffic is down, gun seizures up at US airports
DALLAS (AP) — With air traffic nearing a five-month high, airport security is finding guns in passenger carry-on bags at three times the rate recorded before the pandemic.
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…
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.
Stocks drift on Wall Street; S&P 500 within 1% of record
Wall Street is drifting close to its record heights on Monday after President Donald Trump
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.
Stocks rise, pushing the S&P 500 closer to its record high
NEW YORK (AP) — Stocks are opening higher on Wall Street, pushing the S&P 500 closer to the record high it reached back in February. The benchmark index was up 0.2% in the early going on Monday. Traders were closel…
The Latest: German official urges globally available vaccine
BERLIN — Germany’s foreign minister says it is critical that any vaccine developed for the coronavirus is made available to everyone around the world.
McDonald's sues ousted CEO, alleging employee relationships
McDonald’s says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with other employees and destroyed e…
McDonald's says it's suing ousted CEO, alleging multiple relationships with employees and destruction of evidence
NEW YORK (AP) — McDonald's says it's suing ousted CEO, alleging multiple relationships with employees and destruction of evidence.
Hong Kong newspaper raided, tycoon detained under new law
HONG KONG (AP) — Hong Kong authorities arrested media tycoon Jimmy Lai on Monday, broadening their enforcement of a new national security law and stoking fears of a crackdown on the semi-autonomous region's free pr…
MTA asks Apple's help to solve iPhone mask issues
NEW YORK (AP) — New York’s mass transit agency wants Apple to come up with a better way for iPhone users to unlock their phones without taking off their masks, as it seeks to guard against the spread of the coronav…