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…
Employee in college admissions bribery case to plead guilty
BOSTON (AP) — A former employee of the consultant who authorities say ran a widespread college admissions bribery scheme that embroiled dozens of wealthy and famous parents has agreed to plead guilty, federal prose…
Last-ditch virus aid talks collapse; no help for jobless now
WASHINGTON (AP) — A last-ditch effort by Democrats to revive Capitol Hill talks on vital COVID-19 rescue money collapsed in disappointment Friday, making it increasingly likely that Washington gridlock will mean mo…
Insider Q&A: Leader for independent restaurants hit by virus
WASHINGTON (AP) — Amanda Cohen is a leader of the Independent Restaurant Coalition, a new lobbying group of chefs and restaurants that was formed in response to the viral pandemic. Professionally, Cohen is the chef…
4 tribes sue over Oklahoma gambling compacts with 2 others
OKLAHOMA CITY (AP) — Four Oklahoma tribes are asking a federal court to void gambling compacts between the state of Oklahoma and two other tribes — agreements that the Oklahoma State Supreme Court recently invalida…
Virus causing financial pain even for people still working
ATLANTA (AP) — Getting her job back should have been a relief for Leesa Huddleston.
Business Highlights
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Trump moves against Chinese owners of TikTok and WeChat apps
NEW YORK (AP) — President Trump is broadly prohibiting unspecified ‘transactions’ with Chinese owners of TikTok and WeChat via executive order in 45 days.
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…
Huawei: Smartphone chips running out under US sanctions
BEIJING (AP) — Chinese tech giant Huawei is running out of processor chips to make smartphones due to U.S. sanctions and will be forced to stop production of its own most advanced chips, a company executive says, i…
Asia Today: Sources of many cases in Victoria untraceable
MELBOURNE, Australia (AP) — The premier of Australia’s Victoria state says more than 2,700 active cases have no known source and remain the primary concern of health authorities.
Virus aid talks collapse; no help expected for jobless now
WASHINGTON (AP) — A last-ditch effort by Democrats to revive Capitol Hill talks on vital COVID-19 rescue money collapsed in disappointment at week's end, making it increasingly likely that Washington gridlock will …
India to ban imports of 101 items of military equipment
NEW DELHI (AP) — India said Sunday that it will ban the imports of 101 items of military equipment in an effort to boost local production and improve self-reliance in weapons manufacturing.
FAA employees who oversee airplane makers report pressure
Federal employees overseeing Boeing and other aircraft makers say they face pressure from the companies and fear retribution from their own bosses if they raise too many safety concerns, according to a survey of th…
S&P 500 ekes out 6th straight gain following jobs report
NEW YORK (AP) — Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S.
Potential Kodak deal paused until 'allegations are cleared'
NEW YORK (AP) — A government agency said a potential deal to have Eastman Kodak help make generic drugs is being paused until allegations of insider trading at the once mighty photography company are cleared.