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…
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.
Virus causing financial pain even for people still working
ATLANTA (AP) — Getting her job back should have been a relief for Leesa Huddleston.
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 …
The Latest: Pakistan to allow all international flights
ISLAMABAD — Pakistan has announced that it will allow the full resumption of all types of international flights to and from the country’s airports from Sunday amid a steady decline in COVID-19 deaths and infections.
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…
Canada says it will impose retaliatory tariffs on US imports
TORONTO (AP) — Canada’s deputy prime minister said Friday that the country plans to impose $3.6 billion Canadian (US$2.69 billion) tariffs on U.S. imports in response to President Donald Trump saying the U.S. is re…
Capital One fined $80 million in data breach
WASHINGTON (AP) — The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank’s credi…
Virus talks on brink of collapse, sides still 'far apart'
WASHINGTON (AP) — Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol Thursday night generated a wave of recriminations but little progress…
Ohio governor’s COVID-19 results show tests imperfections
WASHINGTON (AP) — Ohio Gov. Mike DeWine's positive-then-negative test results for the coronavirus are a reminder that no test is definitive.
Humira maker to settle California lawsuit for $24 million
OAKLAND, Calif. (AP) — The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated an insurance fraud law, the state Department of Insurance announced Thursday.
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.
US consumer borrowing up in June after 3 months of declines
WASHINGTON (AP) — The pandemic still has Americans easing off the plastic.
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.
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.