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…
Spotlight on 4 Big Tech CEOs testifying in competition probe
WASHINGTON (AP) — They command corporations with gold-plated brands, millions or even billions of customers, and a combined value greater than the entire German economy. One of them is the world’s richest individua…
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…
Revel suspends NYC scooter service after 2nd fatal crash
NEW YORK (AP) — Ride-sharing scooter startup Revel said Tuesday it is suspending operations in New York City after a second fatal crash in less than two weeks.
'Second wave' virus fears strike blow to tourism industry
LONDON (AP) — Concerns over a “second wave” of coronavirus infections brought on by returning vacationers are wreaking havoc on Europe's tourism industry, particularly in Spain, following Britain's effective ban on…
McDonald's facing uneven recovery, 2Q sales down 30%
Business did improve for McDonald’s throughout the second quarter as restrictions lifted across the globe, but the fast food giant faces a bumpy — and expensive — recovery.
Fed extends lending programs as pandemic's impact lengthens
WASHINGTON (AP) — The Federal Reserve will extend seven of its emergency lending programs through the end of the year, an acknowledgement that the programs may be necessary for longer than was first thought as the …
Stocks drift lower on Wall Street as gold hovers near record
Stocks are drifting lower on Wall Street Tuesday following a mixed set of earnings reports from big U.S. companies.
Former CBS digital chief takes top job at Tinder
DALLAS (AP) — The one-time chief of digital media at CBS is the new CEO of Tinder.
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.
Altria expands sales of heated-cigarette as revenue slides
WASHINGTON (AP) —
Sharp drop for US consumer confidence in July, to 92.6, as coronavirus spreads
WASHINGTON (AP) — Sharp drop for US consumer confidence in July, to 92.6, as coronavirus spreads.
In reversal, CES gadget show won't be in-person after all
NEW YORK (AP) — CES, one of the world’s biggest technology conferences, will be a virtual event in January due to the coronavirus pandemic, a reversal from May when organizers said it would go on as a smaller gathe…
Pandemic hurts sales, profit for Pfizer amid restructuring
FAIRLESS HILLS, Pa. (AP) — Pfizer Inc. reported a 32% plunge in second-quarter profit, mainly due to the global coronavirus pandemic limiting marketing of and new prescriptions for its medicines, even as the drugma…
S&P CoreLogic Case-Shiller: US home prices rose 3.7% in May
WASHINGTON (AP) — U.S. home prices grew more slowly in May, but continued to show resilience in the face of the coronavirus outbreak.
Pandemic drives average age of cars in US to a record high
Drivers are holding on to cars and trucks longer during the coronavirus pandemic.