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…
Tech giants lead gains as S&P 500 closes 4th winning month
NEW YORK (AP) — Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month.
Deadline extended for tribes to seek broadband licenses
FLAGSTAFF, Ariz. (AP) — The Federal Communications Commission is giving tribes another month to apply for a band of wireless spectrum that would help them establish or expand internet access on their land — far les…
Samsung, Apple to boost cellphone manufacturing in India
NEW DELHI (AP) — Three contract manufacturers for Apple iPhones and South Korea’s Samsung have applied for large-scale electronics manufacturing rights in India under a $6.5 billion incentive scheme announced by th…
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.
How major US stock indexes fared Friday
Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month.
This Week: Walt Disney, CVS, Uber results
A look at some of the key business events and economic indicators upcoming this week:
Asia Today: Australia's Victoria state imposes curfew
MELBOURNE, Australia (AP) — The premier of Australia’s hard-hit Victoria state has declared a disaster among sweeping new coronavirus restrictions across Melbourne and elsewhere from Sunday night.
Health officials link US salmonella outbreak to red onions
Federal health officials say an outbreak of salmonella infecting nearly 400 people in more than 30 states has been linked to red onions, and identified a California company as the likely source.
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…
Spirit Airlines warns of layoffs, ExpressJet's fate in doubt
Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to h…
Foreign threats loom ahead of US presidential election
NEW YORK (AP) — As the Nov. 3 presidential vote nears, there are fresh signs that the nation’s electoral system is again under attack from foreign adversaries.
Asia Today: SKorea arrests leader of church with big cluster
SEOUL, South Korea (AP) — South Korean prosecutors arrested the elderly leader of a secretive religious sect Saturday as part of an investigation into allegations that the church hampered the government’s anti-viru…
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…
Trump says he’ll act as soon as Saturday to ban Chinese-owned video app TikTok from US on security fears
ABOARD AIR FORCE ONE (AP) — Trump says he’ll act as soon as Saturday to ban Chinese-owned video app TikTok from US on security fears.
Q&A: What would a US ban on Chinese-owned app TikTok mean?
NEW YORK (AP) — President Donald Trump says he wants to take action to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns.