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…
Virus and grounded plane send Boeing to $2.4 billion 2Q loss
Boeing is reporting a $2.4 billion loss for the second quarter due to the grounding of its 737 Max jet and the coronavirus pandemic, which is expected to depress airline travel even longer than previously expected.
5 French fighter jets delivered to India in military upgrade
SRINAGAR, India (AP) — The first batch of five French-made Rafale fighter jets arrived at an Indian air force base on Wednesday, Indian officials said, as the country seeks to modernize its military amid security c…
Holocaust survivors urge Facebook to remove denial posts
BERLIN (AP) — Holocaust survivors around the world are lending their voices to a campaign launched Wednesday targeting Facebook head Mark Zuckerberg, urging him to take action to remove denial of the Nazi genocide …
Hong Kong economy contracts 9% in latest quarter
HONG KONG (AP) — Hong Kong’s economy shrank by 9% from a year earlier in the latest quarter, hurt by the coronavirus pandemic and facing more potential damage from the loss of U.S. trade privileges due to a securit…
Edmunds: 5 fast and luxurious small SUVs
Small luxury SUVs have traditionally offered an appealing mix of practicality, refinement and upscale features. Now they’re also offering something else: high performance.
Deutsche Bank reports 2nd-quarter profit despite loan losses
FRANKFURT, Germany (AP) — Deutsche bank reported a small net profit of 61 million euros ($71 million) in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbr…
Twitter gives Trump Jr. a tweet timeout for pandemic misinfo
CHICAGO (AP) — Twitter has temporarily halted President Donald Trump’s son from tweeting on its site after he shared a video riddled with unsupported claims about the coronavirus Monday.
Turkish parliament to vote on controversial social media law
ISTANBUL (AP) — Turkish lawmakers were making their final speeches Tuesday before voting on a bill that would give the government greater powers to regulate social media, in what human rights groups and the opposit…
Virgin Galactic shows off passenger spaceship cabin interior
LOS ANGELES (AP) — Passengers flying Virgin Galactic on suborbital trips into space will be able to see themselves floating weightless against the backdrop of the Earth below while 16 cameras document the adventure…
Australian park owner to plead guilty after 4 die on ride
BRISBANE, Australia (AP) — The company that owns an Australian theme park where four people died on a river rapids ride will plead guilty to charges stemming from the 2016 tragedy, a lawyer said on Wednesday.
2 nabbed in ex-Nissan boss' escape say they won't flee US
A U.S. magistrate judge improperly denied release to a father and son wanted by Japan on charges that they helped sneak former Nissan Motor Co. Chairman Carlos Ghosn out of that country, their attorneys said Tuesda…
Air travel not expected to recover until 2024
FRANKFURT, Germany (AP) — Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.
Buffett's firm buys another $400M of Bank of America stock
OMAHA, Neb. (AP) — Warren Buffett's company has purchased another $400 million of Bank of America stock less than a week after buying roughly $800 million of the bank's stock.
The Latest: Hard hit Australian state sees new cases drop
MELBOURNE, Australia — Australia’s hard-hit Victoria state has recorded its lowest daily tally of COVID-19 cases in nine days while the state premier is expressing hope that it is the start of a downward trend.
Brazil virus payout cuts extreme poverty to least in decades
BRASILIA, Brazil (AP) — Brazil’s extreme poverty has plunged due to a monthly federal handout during the coronavirus pandemic, but threatens to bounce back once the government ceases the stopgap welfare program, a …