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…
Asia Today: China, SKorea, Japan see upticks in virus cases
BEIJING (AP) — China reported more than 100 new cases of COVID-19 on Wednesday as the country continues to battle an outbreak in Xinjiang.
Kodak lands loan to bolster US-produced drug supply
WASHINGTON (AP) — Eastman Kodak will receive a federal loan of $765 million to help reduce reliance on other countries for ingredients in generic drugs, an agreement President Donald Trump hailed Tuesday as a break…
The top iPhone and iPad apps on App Store
Top Paid iPhone Apps:
Fed wrestles with its next moves as virus stalls US economy
WASHINGTON (AP) — Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy.
Unions sue USDA over faster chicken plant production speeds
WEST DES MOINES, Iowa (AP) — The union representing workers at chicken processing plants in six states sued the U.S. Department of Agriculture on Tuesday, saying its policy of allowing companies to slaughter birds …
Altria expands sales of heated-cigarette as revenue slides
WASHINGTON (AP) —
US consumer confidence tumbles in July as COVID-19 spreads
WASHINGTON (AP) — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.
Democrats, GOP far apart on virus aid; Trump wants a deal
WASHINGTON (AP) — A day of shuttle diplomacy on Capitol Hill over a
Victoria's Secret owner to cut 850 corporate jobs
NEW YORK (AP) — The owner of Victoria's Secret and Bath & Body Works said Tuesday that it is cutting 850 office jobs, or about 15% of its corporate workforce.
Visa's profits shrink as virus stops consumers from spending
NEW YORK (AP) — Credit card processing giant Visa Inc. said its fiscal third quarter profit fell by 23% from a year ago, undercut by the world’s consumers and businesses dramatically slowing their spending as the c…
How major US stock indexes fared Tuesday
A late slump left stocks broadly lower on Wall Street Tuesday, while cautious investors continued to push money into Treasurys and gold, driving the precious metal to another all-time high.
3M and Omnicom fall, while Pfizer and Cummins rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
Late slump pulls Wall Street lower; gold sets another record
Stocks pulled lower on Wall Street Tuesday following a mixed set of earnings reports from dozens of big U.S. companies.
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.
Unions sue USDA over faster chicken plant production speeds
WEST DES MOINES, Iowa (AP) — The union representing workers at chicken processing plants in six states sued the U.S. Department of Agriculture on Tuesday, saying its policy of allowing companies to slaughter birds …