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…
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 …
Survey: US companies cut back sharply on hiring in July
WASHINGTON (AP) — U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery as many states closed parts of their economies again and consumers rem…
The Latest: Scottish city in lockdown after virus cluster
LONDON — Lockdown restrictions have been reimposed in the Scottish city of Aberdeen after a coronavirus “cluster” was reported.
US trade deficit drops in June on record rise in exports
WASHINGTON (AP) — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports.
CVS posts strong 2Q, with virus delaying elective procedures
CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the COVID-19 pandemic, and it raised its profit expectations for the year.
Telemedicine provider Teledoc to spend $18.5B on Livongo
Teladoc will spend more than $18 billion to buy digital health platform operator Livongo in a deal aimed at stoking explosive growth in remote care spurred by the pandemic.
BMW reports loss for 2nd quarter but sees rebound in China
FRANKFURT, Germany (AP) — German automaker BMW lost 212 million euros ($250 million) in the second quarter as the coronavirus pandemic shutdowns cut vehicle sales by a quarter in the April-June period. The company …
Edmunds: With low interest rates, should you lease or buy?
One of COVID-19′s impacts has been the reduction in interest rates, including those for auto loans. In June 2020, the average interest rate for new auto loans decreased to 4.2%, down from 6.0% one year ago, accordi…
Japan's Honda reports loss in April-June as virus hits sales
TOKYO (AP) — Japanese automaker Honda reported Wednesday that it sank into the red for the April-June quarter, as its sales plunged due to the coronavirus pandemic, especially in the U.S., Japan and India.
The Latest: 44 test positive on Norwegian cruise ship
COPENHAGEN, Denmark — The number of people on a Norwegian cruise ship who have tested positive for the coronavirus has reached 44, authorities said.
Mosaic, Take-Two Interactive rise; Ralph Lauren falls
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
Clayton Homes co-founder dies in Tennessee helicopter crash
KNOXVILLE, Tenn. (AP) — A co-founder of Clayton Homes, a national home-building company, was killed when a helicopter crashed into the Tennessee River, relatives said Tuesday.
Malaysia police raid Al Jazeera's office, seize computers
KUALA LUMPUR, Malaysia (AP) — Malaysian police raided the office of news broadcaster Al Jazeera and two local TV stations on Tuesday, seizing computers as part of an investigation into a documentary on undocumented…
How major US stock indexes fared Tuesday
U.S. stock indexes drifted higher Tuesday as Wall Street’s big rally eased off the accelerator.
The Latest: Japan governor touts gargling product for virus
TOKYO — A governor in Japan is drawing skeptical criticism after he touted a gargling product as effective against the coronavirus, an assertion that, despite its dubiousness, emptied some store shelves of the medi…