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…
German economic outlook brighter for 3rd month post-shutdown
FRANKFURT, Germany (AP) — An important indicator of the German business outlook rose in July for the third month in a row as economic activity continues to pick up after many of the coronoavirus restrictions were e…
FY20 cargo volumes steady at Georgia ports despite virus
SAVANNAH, Ga. (AP) — The volume of cargo moving through Georgia's seaports held almost steady in the 2020 fiscal year despite a painful drop in trade during the past four months as economies in the U.S. and abroad …
Google to keep most of its employees at home until July 2021
SAN RAMON, Calif. (AP) — Google has decided that most of its 200,000 employees and contractors should work from home through next June, a sobering assessment of the pandemic's potential staying power from the compa…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery fell 56 cents to settle at $41.04 a barrel Tuesday. Brent crude oil for September delivery fell 19 cents to $43.22 a barrel.
Regulators warn Under Armour over accounting disclosures
NEW YORK (AP) — Under Armour said Monday that it received a warning from U.S. regulators that the company and two of its executives could be punished over past accounting disclosures.
Garmin acknowledges cyberattack, doesn't mention ransomware
BOSTON (AP) — The GPS device maker Garmin Ltd. acknowledged Monday being victimized by
Court finds former Malaysian PM Najib Razak guilty in his first corruption trial linked to the 1MDB financial scandal
KUALA LUMPUR, Malaysia (AP) — Court finds former Malaysian PM Najib Razak guilty in his first corruption trial linked to the 1MDB financial scandal.
Virus vaccine put to final test in thousands of volunteers
The world’s biggest COVID-19 vaccine study got underway Monday with the first of 30,000 planned volunteers helping to test shots created by the U.S. government -- one of several candidates in the final stretch of t…
White House, Democrats at odds on virus aid but talking
WASHINGTON (AP) — Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials launched negotiations late Monday with House Speaker Nancy Pelosi and…
Walgreens lost $1.7B in 3Q as global pandemic tightened grip
The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores.
S. Korean, Hungarian FMs discuss cooperation amid pandemic
SEOUL, South Korea (AP) — The foreign ministers of South Korea and Hungary met in Seoul on Monday to discuss maintaining bilateral cooperation amid the COVID-19 pandemic, South Korea's Foreign Ministry said.
Japan's Mitsubishi Motors racks up red ink on pandemic pain
TOKYO (AP) — Mitsubishi Motors Corp. reported Monday a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the w…
World’s biggest COVID-19 vaccine study begins, a US trial that will include 30,000 people to see if shots really work
WASHINGTON (AP) — World’s biggest COVID-19 vaccine study begins, a US trial that will include 30,000 people to see if shots really work.
The Latest: New virus cases rise in China's Xinjiang region
BEIJING — New coronavirus cases continue to rise in China’s northwestern region of Xinjiang, with 57 reported on Tuesday.
Support in House for $32B more for airlines but fate unclear
WASHINGTON (AP) — A majority of the U.S. House of Representatives has endorsed a provision calling for $32 billion to protect aviation workers from layoffs though next March, as airlines fight to survive a huge dow…