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…
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.
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…
The Latest: Dr. Fauci dismisses Trump tweet on virus cases
WASHINGTON — Dr. Anthony Fauci dismissed a tweet by Donald Trump claiming the U.S. global lead in coronavirus cases is because of increased testing.
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…
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…
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…
The Latest: Dr. Fauci: Any crowd without masks is virus risk
WASHINGTON — Dr. Anthony Fauci is fighting back against questioning from a Republican lawmaker over whether recent protests increased the spread of coronavirus.
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…
The Latest: Dr. Fauci: Thousands signing up for virus trials
WASHINGTON — Dr. Anthony Fauci testified says 250,000 people have registered on a National Institutes of Heath website to take part in experimental vaccine trials.
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 …
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.
Big Tech surge props up Wall Street, though caution reigns
NEW YORK (AP) — Big Tech continues to steamroll through the pandemic, but much of the rest of Wall Street is struggling on Friday, leaving stock indexes mixed.
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.
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.
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.