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…
Wall Street stalls; S&P 500 drifts after 5-day win streak
NEW YORK (AP) — Wall Street's big rally is stalling on Friday, despite a better-than-expected report on the
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.
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.
Wall Street stalls; S&P 500 dips after 5-day winning streak
NEW YORK (AP) — Wall Street is stalling on Friday, as a whirlwind of worries about rising U.S.-China tensions and whether Congress can deliver more aid for the economy threaten to halt its big run.
The Latest: Alabama HS football team, band under quarantine
NEONTA, Ala. — The entire football team and marching band at a small-town Alabama high school are under quarantine after exposure to the coronavirus.
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.
US adds 1.8 million jobs in a sign that hiring has weakened
WASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus has weakened hiring and the economic rebound.
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…
Unemployment falls to 10.2% even as US job growth slowed to 1.8 million in July under pressure from pandemic
WASHINGTON (AP) — Unemployment falls to 10.2% even as US job growth slowed to 1.8 million in July under pressure from pandemic.
Turkish lira hits another historic low amid pandemic
LONDON (AP) — Turkey's currency tumbled further Friday, hitting another record low.
The Latest: Hong Kong offers free testing for all residents
HONG KONG — Hong Kong leader Carrie Lam says the semi-autonomous Chinese city will offer free coronavirus testing for all its 7.5 million residents beginning in two weeks.
The Latest: GAVI signs vaccine deal for developing world
LONDON — The vaccines alliance GAVI says it has agreed to a deal with the Bill & Melinda Gates Foundation and the world’s biggest vaccine producer, India’s Serum Institute, to speed the manufacturing and delivery o…
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.
The Latest: German state shuts 2 schools after new cases
BERLIN — Officials in Mecklenburg-Western Pomerania have shut down two schools after new cases of coronavirus were confirmed only days after the northeastern German state became the country’s first to resume classe…
The Latest: Number of cases on Norwegian ship rises to 62
COPENHAGEN, Denmark — The number of people on a Norwegian cruise ship who have tested positive for the coronavirus has risen to 62.