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…
New York attorney general seeks to dissolve NRA
NEW YORK (AP) — New York’s attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over claims that top executives illegally diverted …
Hilton sales plunge in second quarter with travel frozen
Hilton lost $432 million in the second quarter, and occupancy rates began to lift from dismal lows as hotels reopen and coronavirus restrictions were lifted around the world.
US senators take aim at German port over Russia pipeline
BERLIN (AP) — Three Republican senators have issued a dire warning to operators of a small German port, threatening them with “crushing” sanctions for allegedly providing supplies to Russian vessels involved in a p…
Southern Mexico state bans junk food sales to children
MEXICO CITY (AP) — Legislators in southern Mexico have approved a ban on selling high-calorie snack food to children, seeking to combat one of the world’s highest rates of childhood obesity.
Asia Today: Australian state's infections 'relatively flat'
MELBOURNE, Australia (AP) — The coronavirus infection rate in Australia’s hard-hit Victoria state has been “relatively flat” in the past week, a state health official said.
Health ministry says 2 million Indians have been infected with the coronavirus, country's death toll exceeds 41,000
NEW DELHI (AP) — Health ministry says 2 million Indians have been infected with the coronavirus, country's death toll exceeds 41,000.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel.
AAA: Partially automated driving systems don't always work
DETROIT (AP) — Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their use.
Trump targets Canada, reimposing tariffs on aluminum
WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada…
New York attorney general sues to dissolve the NRA, saying its leaders exploited the company for personal gain
NEW YORK (AP) — New York attorney general sues to dissolve the NRA, saying its leaders exploited the company for personal gain.
New lockdown ratchets up economic pain in Australian city
MELBOURNE, Australia (AP) — A bright side for plant nurseries of Melbourne’s first pandemic stay-at-home order was that many householders took the time to garden. But the latest lockdown in Australia’s second-large…
Fed's Main Street pandemic support program off to slow start
WASHINGTON (AP) — The Federal Reserve says that its Main Street Lending Program designed to help small and medium-sized companies get through the pandemic has managed to make just eight loans in its first month of …
Correction: Bribery Investigation-Ohio story
CLEVELAND (AP) — In a story Aug. 5, 2020, about groups named in an FBI affidavit regarding an alleged Ohio corruption scheme, The Associated Press erroneously reported that D. Eric Lycan is currently the counsel fo…
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…
'Worst nightmare': Laid-off workers endure loss of $600 aid
An unemployed makeup artist with two toddlers and a disabled husband needs help with food and rent. A hotel manager says his unemployment has deepened his anxiety and kept him awake at night. A dental hygienist, pr…