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…
The Latest: Egypt churches reopen as new infections wane
CAIRO — Egypt’s churches are reopening their doors to the faithful on Monday for the first time in more than four months due to a coronavirus lockdown.
Virus relief bill remains up in air as negotiations resume
WASHINGTON (AP) — Slow, grinding negotiations on a huge COVID-19 relief bill are set to resume Monday afternoon, but the path forward promises to be challenging and time is already growing short. Republicans are gr…
China accuses US of harassing Chinese students, researchers
BEIJING (AP) — China on Monday accused the United States of “monitoring, harassing and willfully detaining” Chinese students and researchers in the U.S.
Asia Today: More restrictions in Australia's Victoria state
CANBERRA, Australia (AP) — Victoria state, Australia’s coronavirus hot spot, announced on Monday that businesses will be closed and scaled down in a bid to curb the spread of the virus.
Microsoft confirms talks seeking to buy US arm of TikTok
NEW YORK (AP) — Microsoft confirmed Sunday it is in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about secu…
Debate begins for who's first in line for COVID-19 vaccine
Who gets to be first in line for a COVID-19 vaccine? U.S. health authorities hope by late next month to have some draft guidance on how to ration initial doses, but it’s a vexing decision.
Hard-hit Massachusetts worries COVID-19 respite is fleeting
A house party attended by restaurant workers in a picturesque beach town in Massachusetts has led to more than a dozen new coronavirus infections.
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.
Business Highlights
___
Siemens Healthineers to buy US cancer care firm Varian
BERLIN (AP) — Germany-based Siemens Healthineers said Sunday it will buy U.S. cancer therapy and research company Varian in a deal worth around $16.4 billion.
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.
Trump, GOP soften on opposition to $600 jobless benefit
WASHINGTON (AP) — The White House and its GOP allies appear to be retreating from their opposition to a $600-per-week supplemental unemployment benefit that has propped up the economy and family budgets but is expi…
Negotiators report progress in coronavirus relief talks
WASHINGTON (AP) — Lawmakers reported progress on a huge coronavirus relief bill Saturday, as political pressure mounts to restore an expired $600-per-week supplemental unemployment benefit and send funding to help …
Florida teen arrested as mastermind of Twitter hack
MIAMI (AP) — A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people a…
Trump says he'll act to ban TikTok in US as soon as Saturday
NEW YORK (AP) — President Donald Trump said he will take action as soon as Saturday to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns.