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…
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…
Rent's due, again: Monthly anxieties deepen as aid falls off
Another month passes. The coronavirus pandemic marches on. And Americans struggling amid the economic fallout once again have to worry as their next rent checks come due Aug. 1.
Champagne losing its fizz as global pandemic clobbers sales
REIMS, France (AP) — Champagne is losing its fizz. For months, lockdown put the cork on weddings, dining out, parties and international travel — all key sales components for the French luxury wine marketed for deca…
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.
Eurozone economy suffers record drop during lockdown months
PARIS (AP) — The economy of the 19-country eurozone shrank by a devastating 12.1% in the April-June period from the quarter before - the largest drop on record - as coronavirus lockdowns shut businesses and hampere…
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…
Dominion overhauls leadership; Farrell stepping down as CEO
RICHMOND, Va. (AP) — Dominion Energy on Friday announced a reorganized executive leadership team, including a new CEO.
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.
Twitter permanently bans former KKK leader David Duke
Former Ku Klux Klan leader David Duke has been banned from Twitter for breaking the social media platform's site’s rules forbidding hate speech.
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.
The Latest: Tokyo reports 292 cases as concerns mount
TOKYO — Confirmed coronavirus cases are hovering at near record levels in Japan, raising worries the pandemic may be growing more difficult to control.
The Latest: South Africa surpasses 500,000 COVID-19 cases
JOHANNESBURG — South Africa on Saturday surpassed 500,000 confirmed COVID-19 cases, representing more than 50% of all reported coronavirus infections in Africa’s 54 countries.
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…