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…
1.2 million seek jobless aid after $600 federal check ends
WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal …
China's July exports rise despite coronavirus, US tariff war
BEIJING (AP) — China's exports rose by an unexpectedly strong 7.2% in July as the world's second-largest economy recovered from the coronavirus pandemic.
Trump broadly prohibits unspecified ‘transactions’ with Chinese owners of TikTok and WeChat via executive order
WASHINGTON (AP) — Trump broadly prohibits unspecified ‘transactions’ with Chinese owners of TikTok and WeChat via executive order.
China's July exports rise despite coronavirus, US tariff war
BEIJING (AP) — China's exports rose by an unexpectedly strong 7.2% in July as the world's second-largest economy recovered from the coronavirus pandemic.
The Latest: UN says cybercrime hindering pandemic response
UNITED NATIONS — The United Nations’ counterterrorism chief says a 350% increase in phishing websites was reported in the first quarter of the year and many of them targeted hospitals and health care systems, hinde…
The Latest: Ohio governor says 2nd virus test is negative
COLUMBUS, Ohio — Ohio Gov. Mike DeWine is tweeting that has tested negative for a coronavirus infection after testing positive earlier Thursday before he was to meet with President Donald Trump.
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…
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…
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…
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.
Cadillac says new electric SUV has features to take on Tesla
DETROIT (AP) — We’ve seen this movie before, an electric vehicle from a mainstream automaker that will take away sales from market leader Tesla.
The Latest: South Africa nearing 10,000 coronavirus deaths
JOHANNESBURG — South Africa is reporting more than 8,300 new confirmed coronavirus cases as the country with the world’s fifth largest caseload is approaching 10,000 deaths.
TVA rescinds decision to outsource technology jobs
NASHVILLE, Tenn. (AP) — Just days after President Donald Trump criticized the Tennessee Valley Authority for hiring foreign workers, the federally owned energy corporation announced Thursday it was rescinding a dec…
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 …
California, cities battle over marijuana home-delivery rule
FRESNO, Calif. (AP) — California faced off in court Thursday against some of its own cities that want to overturn a government rule allowing home marijuana deliveries statewide, even into communities that banned co…