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…
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, …
Pandemic whacks Google ad sales, causing parent Alphabet to report first quarterly revenue decline in company history
MOUNTAIN VIEW, Calif. (AP) — Pandemic whacks Google ad sales, causing parent Alphabet to report first quarterly revenue decline in company history.
Asian benchmarks tumble, looking to earnings, central banks
TOKYO (AP) — Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33% annual pace in the spring, the worst quarter on…
How major US stock indexes fared Thursday
Most of Wall Street stumbled Thursday, but yet another rise for big technology stocks helped keep the market’s losses in check.
France sinks deeper into recession, with 14% GDP hit in 2Q
PARIS (AP) — France's economy shrank by nearly 14% in the second quarter when the country was in coronavirus lockdown, a third consecutive quarter of negative growth in a worsening recession, the national statistic…
Cyprus: Putin 'to help ease' gas search tensions with Turkey
NICOSIA, Cyprus (AP) — Russian President Vladimir Putin has promised to intercede with Turkey's leader to try to ease rising tensions over oil and gas exploration in eastern Mediterranean waters that Cyprus claims …
First-ever EU cyber sanctions hit Russian, Chinese, NKoreans
BRUSSELS (AP) — The European Union on Thursday imposed its first-ever sanctions over cyberattacks, slapping them on alleged Russian military agents, Chinese cyber spies and organizations including a North Korean fi…
2 American oil execs jailed in Venezuela put on home arrest
CARACAS, Venezuela (AP) — Two American oil executives jailed in Venezuela have been released and granted house arrest in the South American nation, former New Mexico Gov. Bill Richardson said late Thursday.
Amid the pandemic, Big Tech reports mixed earnings
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices.
China's manufacturing improves in July, exports strengthen
BEIJING (AP) — China’s manufacturing activity edged up in July and export orders strengthened despite weak U.S. and European demand, a survey showed Friday, in fresh signs the world’s second-largest economy is grad…
Volkswagen lost $1.8 billion in Q2 but sees profit for year
FRANKFURT, Germany (AP) — Carmaker Volkswagen recorded an after-tax loss of 1.54 billion euros ($1.81 billion) in the second quarter as the pandemic shut down auto plants and closed dealerships.
Saudis' Newcastle bid ends after piracy, human rights issues
Saudi Arabia’s sovereign wealth fund withdrew its bid to buy English Premier League club Newcastle on Thursday after the process was stalled by concerns about piracy by the kingdom and human rights complaints.
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.
Asian stocks gain after Fed keep US interest rates low
BEIJING (AP) — Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy.
The Latest: India reports another surge, lifts night curfew
NEW DELHI — A record surge of 55,079 new cases in the past 24 hours took India’s coronavirus caseload past 1.6 million, as the government decided to lift a nighttime curfew that has been in force since late March.