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 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 …
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…
Malaysia's ex-finance minister charged over tunnel project
KUALA LUMPUR, Malaysia (AP) — Malaysia's former finance minister was charged Friday with corruption over a $1.5 billion undersea tunnel project, a move he slammed as political persecution by the new government.
Swiss ink deal with Moderna for 4.5M doses of COVID vaccine
GENEVA (AP) — The Swiss federal government says it has struck a deal with Moderna to supply Switzerland with 4.5 million doses of a COVID-19 vaccine if the U.S. biotech firm successfully develops one.
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.
Turkish lira hits another historic low amid pandemic
LONDON (AP) — Turkey's currency tumbled further Friday, hitting another record low.
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.
Asia Today: Australian state records 466 cases, 12 deaths
MELBOURNE, Australia (AP) — The Australian state of Victoria recorded 466 new cases of COVID-19 and 12 deaths, including another man in his 30s. The figures were released as the city of Melbourne remained in lockdo…
US sanctions leader of Hong Kong, Chinese authorities
WASHINGTON (AP) — The U.S. on Friday imposed sanctions on Hong Kong officials, including the pro-China leader of the government, accusing them of roles in squashing freedom in the former British colony.
S. Korean doctors strike over med school plan amid pandemic
SEOUL, South Korea (AP) — Thousands of young doctors in South Korea staged a one-day strike Friday against government medical policy, causing concerns about treatment of patients amid the coronavirus pandemic.
Trump allows some unemployment pay, defers payroll tax
BEDMINSTER, N.J. (AP) — President Donald Trump on Saturday bypassed the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after ne…
China sentences fourth Canadian to death on drug charges
BEIJING (AP) — China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei.
The Latest: Kentucky reports 800 new coronavirus cases
FRANKFORT, Ky. — Kentucky is reporting an increase of 801 cases of COVID-19, including 29 cases in children age 5 or younger.
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.
Trump seems ready, willing to bypass lawmakers on virus aid
BEDMINSTER, N.J. (AP) — Ready and willing to bypass elected lawmakers, President Donald Trump seemed set to claim the power to defer payroll taxes and extend expired unemployment benefits after negotiations with Co…