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…
Fed should address racial gaps in jobs, income, Dems propose
A group of congressional Democrats introduced legislation Wednesday that would require the Federal Reserve to pursue the elimination of racial disparities in jobs, wealth and income as one of its policy goals.
Samsung's new phones test consumer demand for pricey gadgets
Samsung aims to lift its sinking smartphone sales with three new models that will test consumer willingness to buy high-priced gadgets during the worst economic downturn since the Great Depression.
Reports: Chicago schools to announce all-remote learning
CHICAGO (AP) — Chicago Public Schools is expected to announce Wednesday that it will start the school year with all-remote learning in response to coronavirus concerns, according to published reports.
Asian shares mixed as investors watch talks on US stimulus
Stocks were mixed in Asia on Thursday as investors watched to see if lawmakers will come ahead with fresh stimulus for a U.S. economy struggling with shutdowns as new coronavirus outbreaks flare.
Asian shares mixed as US talks on stimulus still stalled
Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling.
Telemedicine provider Teladoc to spend $18.5B on Livongo
One of the nation’s biggest telemedicine providers will spend more than $18 billion to stoke an approach to care that grew explosively during the pandemic and recently received an endorsement from President Donald …
US talks tougher on Chinese tech, but offers few specifics
NEW YORK (AP) — U.S. Secretary of State Mike Pompeo on Wednesday called for a big expansion of U.S. government curbs on Chinese technology, saying that it wants to see “untrusted Chinese apps" pulled from the Googl…
ComEd pleads not guilty in alleged influence-peddling scheme
CHICAGO (AP) — Energy utility ComEd pleaded not guilty to bribery at an arraignment Wednesday despite previously admitting wrongdoing in an influence-peddling scheme that also threatens to ensnare Illinois’ most po…
Trolls doll pulled after complaints it promotes child abuse
PAWTUCKET, R.I. (AP) — A Trolls doll is being pulled off store shelves amid complaints it promotes child abuse.
Fiat Chrysler to recall vehicles that may pollute too much
DETROIT (AP) — About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall.
NYTimes wins new digital subscribers as ad revenue craters
The New York Times Co.'s digital transformation continued during the second quarter, with its online subscription and ad revenue now exceeding its print revenue, even as the economic aftershocks of the coronavirus …
California virus-fighting efforts hampered by data delays
LOS ANGELES (AP) — California has stopped removing or adding to a list of counties facing more restrictions on businesses and schools as it tries to resolve a technical problem with the state’s coronavirus testing …
Facebook, citing virus misinformation, deletes Trump post
Facebook has deleted a post by President Donald Trump for violating its policy against spreading misinformation about the coronavirus.
Asia Today: Australian state reports record virus increase
MELBOURNE, Australia (AP) — Australia’s virus hot spot, Victoria state, announced a record 725 COVID-19 cases and 15 deaths on Wednesday, while businesses in Melbourne prepared to close their shutters as new pandem…
San Diego to offer coronavirus tests at US-Mexico border
SAN DIEGO (AP) — San Diego County plans to set up its first testing site for the coronavirus at one of the world’s busiest pedestrian international border crossings, officials said Wednesday.