Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Grant and Adams counties gas prices dip slightly as state, national averages rise
MOSES LAKE — Gas prices in Grant and Adams counties slipped slightly over the last week, even as Washington and na…
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.
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 …
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.
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…
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…
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.
Exxon lost $1B in second quarter as oil use dries up
NEW YORK (AP) — Exxon lost $1.1 billion in the second quarter, its economic pain deepening as the pandemic kept households on lockdown, diminishing the need for oil around the world.
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…