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…
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…
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.
Trump offers, Democrats reject fix for $600 jobless benefit
WASHINGTON (AP) — With aid expiring, the White House offered a short-term extension Thursday of a $600 weekly unemployment benefit that has helped keep families and the economy afloat during the COVID-19 pandemic, …
Fiat Chrysler muscles through, green shoots in North America
DETROIT (AP) — Fiat Chrysler overcame coronavirus-related factory shutdowns to post losses that were not as bad as feared, and the company predicted improving conditions for the remainder of 2020.
Amazon closer to launching satellites, upping internet reach
NEW YORK (AP) — Amazon.com is one step closer to space.
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.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery rose 35 cents to settle at $40.27 a barrel Friday. Brent crude oil for September delivery rose 37 cents to $43.31 a barrel.
Nokia profit up despite pandemic as new CEO takes over
HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in reven…
The Latest: SKorea holds leader of church with virus cluster
SEOUL, South Korea — South Korean prosecutors have arrested the elderly leader of a secretive religious sect as part of an investigation into allegations the church hampered the government’s anti-corfonavirus respo…
US consumer spending up 5.6%, but virus could stall gains
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But th…
Fitch lowers its outlook on US credit rating to 'negative'
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the highest AAA leve…
Thai court allows Cambodian class action against Thai firm
BANGKOK (AP) — A Thai court ruled Friday that several hundred families in Cambodia who were displaced from their homes may file a class action suit against the Thai company they believe was responsible, a decision …
EU clears Alstom's acquisition of Bombardier rail unit
BRUSSELS (AP) — The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom.
Plug it in: Electric car charging station numbers are rising
DETROIT (AP) — When the electric car revolution arrives, will there be enough places to plug in?