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…
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: French exports down 21.5% as pandemic bites
PARIS — New foreign trade figures released by France for the first half of 2020 reveal the economic devastation the coronavirus pandemic has wreaked on the eurozone’s second economy.
Turkish currency hits all-time low amid market jitters
LONDON (AP) — Turkey’s currency dropped to an all-time low against the dollar on Thursday as the global recession created by the pandemic brings to the fore weaknesses in the country's economy.
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.
Obama's Medicaid expansion keeps gaining ground under Trump
WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome.
1.2 million laid-off workers seek US jobless aid as layoffs remain elevated amid resurgence of virus
WASHINGTON (AP) — 1.2 million laid-off workers seek US jobless aid as layoffs remain elevated amid resurgence of virus.
4 Ohio operatives plead not guilty in $60M bribery probe
COLUMBUS, Ohio (AP) — Four Ohio lobbyists and political operatives pleaded not guilty Thursday to charges they conspired as part of what one defendant called an “unholy alliance” aimed at
Apple shines in pandemic with $2 trillion value on horizon
Early in 2020, Apple appeared to be caught in a horrible bind.
Workers want mandated temp checks for casino patrons
ATLANTIC CITY, N.J. (AP) — Five Atlantic City casinos are not physically checking the temperatures of guests entering the property, workers said as they pushed New Jersey's governor to require the casinos to do so …
Cabinet reshuffle in Thailand installs new economic team
BANGKOK (AP) — Thai Prime Minister Prayuth Chan-ocha has reshuffled his Cabinet, with an experienced banker taking over the post of finance minister.
How major US stock indexes fared Thursday
Stocks closed higher on Wall Street Thursday after a report showed the pace of layoffs across the country is slowing, though it remains incredibly high.
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.
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.
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…
Uber lost $1.8B in 2Q as riders stayed home and ordered in
NEW YORK (AP) — Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus.