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…
Trump wants broader role for telehealth services in Medicare
WASHINGTON (AP) — The Trump administration is taking steps to give telehealth a broader role under Medicare, with an executive order that serves as a call for Congress to make doctor visits via personal technology …
Microsoft, ADT rise; HSBC, American Tower fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
The Latest: Louisiana releases safety guidelines for filming
BATON ROUGE, La. — Louisiana has released coronavirus safety guidelines for movie and TV productions as filming is expected to start returning to the virus outbreak hot spot this month.
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…
US Treasury projects government borrowing of $947 billion in July-September period, record for quarter but down from 2Q
WASHINGTON (AP) — US Treasury projects government borrowing of $947 billion in July-September period, record for quarter but down from 2Q.
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…
Google buys $450M stake in ADT to give Nest a new perch
SAN RAMON, Calif. (AP) — Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportunities for one of the internet's most powerful…
Stocks rally worldwide, S&P 500 back to within 3% of record
NEW YORK (AP) — Stocks started August with more gains, and a worldwide rally on Monday sent Wall Street back to where it was just a couple days after it set its record earlier this year.
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.
HSBC says net profit plunged 96% as pandemic took hold
LONDON (AP) — Europe’s biggest bank, HSBC, said Monday that its net profit plummeted 96% in the second quarter of this year as lower interest rates combined with the downturn due to the coronavirus pandemic tool ho…
US retailers that have sought bankruptcy protection in 2020
Following is a list of retailers that have sought bankruptcy protect in 2020.
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…
New York prosecutor seeking Trump's tax returns cites reports of 'protracted criminal conduct' at the Trump Organization
NEW YORK (AP) — New York prosecutor seeking Trump's tax returns cites reports of 'protracted criminal conduct' at the Trump Organization.
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.
US manufacturing improves in July, future clouded by virus
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.