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…
Airlines, unions pin hopes for more payroll cash on politics
With tens of thousands of airline workers facing layoffs this fall, labor groups are pushing Congress for more federal money to keep them on the payroll until next spring.
States eager to expand broadband, wary of CARES Act deadline
Fearful of losing federal pandemic dollars, officials from states across the country are rushing to finish projects by the end of the year aimed at expanding broadband internet into underserved areas.
Oil giants lost billions as pandemic crushed demand for fuel
NEW YORK (AP) — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminishe…
Minnesota company gets most aid in Iowa hog disposal program
IOWA CITY, Iowa (AP) — One influential pork company has received most of the money from an Iowa program designed to support farmers who euthanized their hogs after the coronavirus devastated their industry, newly r…
Trader Joe's says no to changing ethnic-sounding label names
LOS ANGELES (AP) — Trader Joe's, which said earlier this month it was moving to change the names of some of its products after an online petition denounced them as racist, now says it will stick with labels like Tr…
Asia Today: India, Philippines ease rules; Bali reopens
NEW DELHI (AP) — India added another record surge in virus cases Friday as the government decided to lift a nighttime curfew that was in force since March.
Asia Today: Victoria state declares disaster, night 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.
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.
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: Worker at Austria chancellery tests positive
BERLIN -- Authorities say an employee at the Austrian chancellery has tested positive for the coronavirus, but didn’t work directly with Chancellor Sebastian Kurz.
States eager to expand broadband, wary of CARES Act deadline
Fearful of losing federal pandemic dollars, officials from states across the country are rushing to finish projects by the end of the year aimed at expanding broadband internet into underserved areas.
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…
US consumer spending rose a solid 5.6% in June, but resurgence of virus threatens to stall further gains
WASHINGTON (AP) — US consumer spending rose a solid 5.6% in June, but resurgence of virus threatens to stall further gains.
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 …