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…
Peugeot maker PSA makes profit despite pandemic sales slide
PARIS (AP) — The maker of Peugeot and Citroen cars, PSA Group, said Tuesday that it made a profit in the first six months of the year even as the coronavirus pandemic caused a deep drop in sales.
Greece says tension easing in East Med dispute with Turkey
ATHENS, Greece (AP) — Turkey has reduced the number of navy vessels in an area of the East Mediterranean where it disputes Greek jurisdiction over oil-and-gas drilling rights, Greek authorities said Monday.
Mnuchin, Pelosi talk virus relief; GOP slashes jobless aid
WASHINGTON (AP) — Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials launch negotiations with House Speaker Nancy Pelosi on a new
Asia Today: Australian outbreak attributed to sick workers
MELBOURNE, Australia (AP) — Australia’s hard-hit Victoria state on Monday posted a new daily record of 532 new COVID-19 cases, and the government leader warned that a lockdown in the city of Melbourne will continue…
Asia Today: New cases continue to rise in China’s Xinjiang
BEIJING (AP) — New coronavirus cases continue to rise in China’s northwestern region of Xinjiang, with 57 reported on Tuesday.
Ryanair expects air travel to be depressed for 2-3 years
LONDON (AP) — European budget airline Ryanair said Monday that the COVID-19 pandemic has wreaked havoc on its earnings, with lockdown restrictions leading to a 99% drop in passengers in the first quarter, and warne…
European tourism faces turbulence only weeks after restart
BERLIN (AP) — Europe's tourism revival is running into turbulence only weeks after countries reopened their borders, with rising infections in Spain and other nations causing increasing concern among health authori…
Business Highlights
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UN: Libya's Central Bank to undergo much-anticipated audit
CAIRO (AP) — The United Nations announced on Monday that Libyan officials are allowing a long-sought external audit of the country's Central Bank to go ahead, a breakthrough that could pave the way for an end to a …
Trade, technology and security at risk in US-China feud
BEIJING (AP) — They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are closely intertwined.
Orders for big-ticket US manufactured goods leaps 7.3% in June, second big gain after 2 months of virus losses
WASHINGTON (AP) — Orders for big-ticket US manufactured goods leaps 7.3% in June, second big gain after 2 months of virus losses.
U.S. agency: Pandemic masks thwarting face recognition tech
Having a tough time recognizing your neighbors behind their pandemic masks? Computers are finding it more difficult, too.
Moderna, SAP rise; Hasbro, Ventas fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
US won’t expel migrant children detained in Texas hotel
HOUSTON (AP) — The Trump administration has agreed not to expel a group of immigrant children it detained in a Texas hotel under an emergency declaration citing the coronavirus and will instead allow them to seek t…
'Whitening' creams undergo a makeover but colorism persists
DUBAI, United Arab Emirates (AP) — The world's biggest cosmetics companies have been selling a fairy tale that often goes something like this: If your husband's lost interest in you, if your colleagues dismiss you …