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…
Stocks rally worldwide following stronger economic reports
NEW YORK (AP) — Wall Street is starting August with more gains, and stocks are climbing Monday following encouraging reports from around the world on the economy.
US manufacturing improves in July, outlook clouded by virus
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising further into expansion territory.
Liz Weston: Can you have too much credit?
People who care about their credit scores tend to obsess about some things they probably shouldn’t, such as the possibility they might have too much credit.
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.
Wall Street rises with global markets; Big Tech leads again
NEW YORK (AP) — Wall Street is starting August with more gains, and U.S. stocks are climbing in early Monday trading following encouraging reports from around the world on the economy.
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.
US manufacturing shows further improvement in July with an ISM reading of 54.2
WASHINGTON (AP) — US manufacturing shows further improvement in July with an ISM reading of 54.2.
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…
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…
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…
Brentford to earn $200M+ if promoted to Premier League
LONDON (AP) — Brentford can earn more than $200 million over three years in additional revenue by beating west London rival Fulham on Tuesday to secure a return to English football's top division after a 73-year ab…
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 …
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.
As US milk sales rise amid pandemic, "Got milk?" ads return
The dairy industry has a familiar question for you: “Got milk?”
Google, ADT partnering on home security products
Google is pairing its Nest smart home technology with ADT and buying a stake in the home security company.