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: Philippine capital going back under lockdown
MANILA, Philippines — President Rodrigo Duterte is reimposing a moderate lockdown in the Philippine capital and outlying provinces after medical groups appealed for the move as coronavirus infections surge alarming…
This Week: Walt Disney, CVS, Uber results
A look at some of the key business events and economic indicators upcoming this week:
The Latest: China's Xinjiang region has 28 new cases
BEIJING — Numbers of new COVID-19 cases in China’s far northwestern region of Xinjiang are continuing to fall, with 28 reported on Monday. China reported 43 new cases nationwide, seven of the imported and eight in…
The Latest: Italy's tally of new virus cases down to 239
MILAN — The number of new confirmed cases of the coronavirus in Italy nudged lower to 239 in the last 24 hours, while all eight deaths were recorded in Lombardy, the epicenter of the country's epidemic.
With loan money gone, restaurants are at mercy of coronvirus
NEW YORK (AP) — The check has arrived and beleaguered restaurant owners across America are looking down on their empty wallets.
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…
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 U.S. health authorities hope by late next month to have some draft guidance on how to ration initial doses, but it’s a vexing decision.
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.
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.
Lawsuit: Trump still blocks Twitter critics after court loss
NEW YORK (AP) — An organization that successfully proved President Donald Trump violated the law when he blocked Twitter critics sued him anew on Friday, saying he continues to reject some accounts two years after …
Wages and benefits grow at slowest pace in 3 years
WASHINGTON (AP) — Wages and benefits for U.S. workers rose at the slowest pace in three years in the April-June quarter, a sign that businesses are holding back on pay as well as cutting jobs in the coronavirus rec…
Business Highlights
___
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…
US sinks another $2.1 billion into a potential vaccine
LONDON (AP) — Pharma giants GlaxoSmithKline and Sanofi Pasteur have announced they will supply 100 million doses of an experimental COVID-19 vaccine to the United States as governments buy up supplies in hopes of s…
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 …