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…
Builder pitched to Trump wins new border wall contract
HOUSTON (AP) — A construction company whose CEO
Asian shares mixed on US-China tensions, Wall Street gains
TOKYO (AP) — Asian shares were mixed on Monday as investors eyeballed surging coronavirus cases in the region.
Asia Today: Manila back under lockdown as virus cases surge
MANILA, Philippines (AP) — Commuter trains, buses and other public vehicles stayed off the main roads of the Philippine capital Tuesday and police were again staffing checkpoints to restrict public travel as surgin…
US Treasury projects record Q3 borrowing of $947 billion
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 tr…
Microsoft, ADT rise; HSBC, American Tower fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Insider Q&A: Basecamp CTO David Heinemeier Hansson
David Heinemeier Hansson has made a name for himself as one of the tech industry’s more prominent iconoclasts and industry critics. The Danish programmer is a successful entrepreneur who has testified before Congre…
Appeals court: NOAA can't make rules for offshore fish farms
NEW ORLEANS (AP) — A federal appeals court in New Orleans has upheld a decision that throws out rules regulating fish farms in the Gulf of Mexico.
Q&A: TikTok saga continues with Microsoft talks. Now what?
NEW YORK (AP) — The latest twist in the
US construction spending declines 0.7% in June
SILVER SPRING, Md. (AP) — U.S. construction spending fell again in June, the fourth straight decline as the coronavirus outbreak continues to wreak havoc on the economy.
Business Highlights
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HSBC reports its net profit plummeted 96% in April-June from a year earlier as the pandemic took hold
LONDON (AP) — HSBC reports its net profit plummeted 96% in April-June from a year earlier as the pandemic took hold.
Asian shares track worldwide rally as S&P 500 nears record
Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February.
GM alleges Fiat Chrysler spent millions to bribe UAW leaders
DETROIT (AP) — General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union officials and GM employees with millions stashed…
This Week: Walt Disney, CVS, Uber results
A look at some of the key business events and economic indicators upcoming this week:
Retail rout gains pace, Lord & Taylor seeks bankruptcy
NEW YORK (AP) — Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the…