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…
Thousands of British Airways employees face job losses
LONDON (AP) — Some 4,000 British Airways workers are learning Friday whether they will be fired as the airline slashes jobs amid the drop in demand and travel restrictions stemming from the COVID-19 pandemic.
Profit up 87% at Buffett's firm, but virus slows businesses
OMAHA, Neb. (AP) — Warren Buffett's company reported an 87% jump in its second-quarter profit as the paper value of its investment portfolio increased with the stock market, but it took a roughly $10 billion write …
As Trump digs in, will it be US versus China in tech?
NEW YORK (AP) — President Donald Trump’s bans on
4 poultry plant execs indicted after 2019 immigration raid
JACKSON, Miss. (AP) — Four executives from two Mississippi poultry processing plants have been indicted on federal charges tied to one of the largest workplace immigration raids in the U.S. in the past decade.
How major US stock indexes fared Friday
Stock indexes on Wall Street closed mostly higher Friday, extending the S&P 500's win streak to a sixth day.
Vote-by-mail worries: A 'leaky pipeline' in many states
BOSTON (AP) — Brace yourself for what’s expected to be the first U.S. presidential election conducted mostly by mail. It could be messy.
Trump bans dealings with Chinese owners of TikTok, WeChat
NEW YORK (AP) — President Donald Trump on Thursday ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal auth…
The Latest: Brazil surpasses 100,000 deaths from COVID-19
RIO DE JANEIRO -- Brazil has surpassed a grim milestone — 100,000 deaths from COVID-19. And five months after the first reported case, the country is showing no signs of crushing the disease.
Bad week for Mexico tourism capped by mis-translations
MEXICO CITY (AP) — It has been a bad week for Mexican tourism promotion, and it got worse Friday when the English language version of the country’s tourism website appeared with hilarious mis-translations.
Fed official defends slow start to Main Street loan program
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a sig…
Big Nevada gold mine expansion on hold in face of opposition
RENO, Nev. (AP) — Facing fierce opposition from conservationists and tribal leaders on multiple fronts, Nevada’s largest mining company has suspended its proposed expansion of what would become one of the biggest g…
India surpasses 2 million cases as health volunteers strike
NEW DELHI (AP) — As India hit another grim milestone in the coronavirus pandemic on Friday, crossing 2 million confirmed cases and more than 41,000 deaths, community health volunteers went on strike complaining the…
Shipyard, union reach tentative deal to end strike in Maine
BATH, Maine (AP) — Navy shipbuilder Bath Iron Works and production workers reached a tentative agreement to end a strike that has stretched on for more than a month during a pandemic, officials announced Saturday.
US consumers increased borrowing in June by 2.6% after big declines in prior months
WASHINGTON (AP) — US consumers increased borrowing in June by 2.6% after big declines in prior months.
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many ob…