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…
How major US stock indexes fared Wednesday
Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its best day in two weeks after the Federal Reserve kept the accelerator floored on its support for the economy.
US jabs Russia over claim of spreading virus disinformation
MOSCOW (AP) — U.S. officials say Russian intelligence officers are spreading disinformation about the coronavirus pandemic through English-language websites, trying to exploit a crisis that America is struggling to…
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.
Airbus plane deliveries halved as airlines scrounge for cash
PARIS (AP) — European plane maker Airbus saw its deliveries halve during the first six months of the year as travel collapsed during the pandemic and airlines scrounged for cash.
Unemployment rate falls in Grant County
MOSES LAKE — Unemployment in Grant County dropped substantially in June, from a rate of 12.7 percent in May to 8.3 percent last month.
Spirit warns of layoffs; aid for contractors being examined
Spirit Airlines is warning employees that it could furlough up to 30% of its roughly 9,000 workers in October, when federal payroll-help money runs out.
Former Wilmington Trust execs lose bid to nix SEC complaint
DOVER, Del. (AP) — A federal judge on Wednesday rejected a request by two former bank executives who were convicted on criminal charges to dismiss a civil suit filed against them by federal securities regulators.
Wall Street rallies as Fed keeps rates pinned at record low
NEW YORK (AP) — Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its best day in two weeks after the Federal Reserve kept the accelerator floored on its support for the economy.
As virus aid talks stalemate, Trump scorns help for cities
WASHINGTON (AP) — President Donald Trump on Wednesday dismissed Democratic demands for aid to cash-strapped cities in a new
Suspended Arkansas professor indicted on fraud counts
FAYETTEVILLE, Ark. (AP) — A suspended University of Arkansas professor has been indicted on multiple wire and passport fraud counts.
AMD, L Brands rise; Boeing, Six Flags fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
How major US stock indexes fared Wednesday
Wall Street rallied on Wednesday, and the S&P 500 climbed 1.2% for its best day in two weeks after the Federal Reserve kept the accelerator floored on its support for the economy.
Finance firm founder gets 6 months in college bribery scam
The founder of a Silicon Valley venture capital firm was sentenced Wednesday to six months behind bars for paying about $450,000 in bribes to boost his two daughters' entrance exam scores and get one of them into G…
J.C. Penney lawyer says chain is going forward with sale
NEW YORK (AP) — An attorney for J.C. Penney Co. told a bankruptcy judge Wednesday that the retailer is going forward with a sale of its business and expects the deal to be completed by the fall.
Minister: Cyprus will lose over 75% of tourism this year
NICOSIA, Cyprus (AP) — Cyprus doesn’t expect to see this year more than 20%-25% of the record 3.97 million vacationing visitors the Mediterranean island nation welcomed in 2019 because the coronavirus pandemic has …