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…
Australia to make Google and Facebook pay for news content
CANBERRA, Australia (AP) — The Australian government said on Friday it plans to give Google and Facebook three months to negotiate with Australian media businesses fair pay for news content.
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…
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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…
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…
Eurozone economy shrank 12.1% in April-June from previous quarter due to lockdowns, largest drop on record
FRANKFURT, Germany (AP) — Eurozone economy shrank 12.1% in April-June from previous quarter due to lockdowns, largest drop on record.
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…
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…
Sleeping lions, terrible pain: A new world without tourism
PARIS (AP) — With no American visitors to show around the D-Day beaches or the Loire Valley’s chateaux, and no work on the immediate horizon, Paris tour guide Linda Zenou frets about how she’ll pay off a loan and c…
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…
China celebrates completion of rival sat navigation system
BEIJING (AP) — China is celebrating the completion of its BeiDou Navigation Satellite System that could rival the U.S. Global Positioning System and significantly boost China’s security and geopolitical clout.
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.