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…
Nuclear bailout tied to bribery scandal was years in making
TOLEDO, Ohio (AP) — A $1 billion bailout for Ohio’s two nuclear plants that’s now entangled in a state bribery scandal had little support when the idea came up three years ago. It was all but dead until the spring …
The Latest: Mainland China, Hong Kong report fewer new cases
BEIJING — Both mainland China and Hong Kong reported fewer new cases of COVID-19 on Tuesday as strict measures to contain new infections appear to be taking effect.
Clorox becomes 'it' brand in world sheltered in place
Sales at Clorox jumped 22% in its most recent quarter with millions of people growing more vigilant about cleaning routines in the pandemic. The company also announced Monday that Linda Rendle will become its CEO i…
German laser tech company says gov't blocks exports to China
BERLIN (AP) — A German company that specializes in laser communication says it is pulling out of uncompleted deals in China after the German government barred it from delivering hardware to the country.
US retailers that have sought bankruptcy protection in 2020
Following is a list of retailers that have sought bankruptcy protect in 2020.
SpaceX capsule and NASA crew make 1st splashdown in 45 years
CAPE CANAVERAL, Fla. (AP) — Two NASA astronauts returned to Earth on Sunday in a dramatic, retro-style splashdown, their capsule parachuting into the Gulf of Mexico to close out an unprecedented test flight by Elon…
FAA spells out design changes needed in grounded Boeing jet
Federal regulators on Monday outlined a list of design changes they will require in the Boeing 737 Max to fix safety issues that were discovered after two deadly crashes that led to the worldwide grounding of the p…
Prosecutor seeking Trump's taxes cites probe of his business
NEW YORK (AP) — A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal…
Ukrainian police detain man threatening to blow up Kyiv bank
KYIV, Ukraine (AP) — Police detained a man who allegedly threatened to set off an explosive device at a bank in Ukraine's capital and demanded to speak with journalists Monday.
Trump fires TVA chair, cites hiring of foreign workers
WASHINGTON (AP) — President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federally owned corporation for hiring foreign workers.
Trump fires Tennessee Valley Authority chair, citing executive compensation, hiring of foreign workers
WASHINGTON (AP) — Trump fires Tennessee Valley Authority chair, citing executive compensation, hiring of foreign workers.
Sale of Speedway gas stations buys Marathon breathing room
SILVER SPRING, Md. (AP) — The $21 billion sale of Speedway gas stations has bought Marathon Petroleum some breathing room as the global pandemic continues to quash travel and smother demand for gasoline and jet fue…
AP Exclusive: Mine consultant agreed Nevada plant in danger
RENO, Nev. (AP) — A botanist hired by a company planning to mine one of the most promising deposits of lithium in the world believes a rare desert wildflower at the Nevada site should be protected under the Endange…
With loan money gone, restaurants are at mercy of virus
NEW YORK (AP) — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets.
Ferrari lowers guidance after Q2 profits nearly wiped out
MILAN (AP) — Italian luxury sportscar maker Ferrari further lowered its full year earnings guidance on Monday after reporting second-quarter profits were nearly wiped out by temporary halts in production and delive…