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…
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.
Orders for big-ticket manufactured goods jump 7.3% in June
WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pandemic.
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…
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…
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.
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…
Liz Weston: Can you trust your mobile payment app?
Money transfer apps including Venmo, Cash App and PayPal have surged in popularity during the pandemic as people seek safe, contactless ways to send and receive money. Unfortunately, many people don’t understand th…
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…
Australian watchdog accuses Google of privacy breaches
CANBERRA, Australia (AP) — Australia’s consumer watchdog launched court action against Google on Monday alleging the technology giant misled account holders about its use of their personal data.
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…
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.
Uncertainty pushes gold price to record, over $1,930 per oz
BEIJING (AP) — The price of gold surged to a record above $1,934 per ounce on Monday as investors moved money into an asset seen as a safe haven amid jitters about U.S.-Chinese tension and the recovery from the cor…
US eyes building nuclear power plants for moon and Mars
BOISE, Idaho (AP) — The U.S. wants to build nuclear power plants that will work on the moon and Mars, and on Friday put out a request for ideas from the private sector on how to do that.
Hedge fund to pay $312M for McClatchy newspaper chain
SACRAMENTO, Calif. (AP) — Hedge fund Chatham Asset Management says will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection.
How major US stock indexes fared Friday
Stocks fell on Wall Street Friday as tensions flared again between the world’s two largest economies and jitters continued over the fallout from the coronavirus. Intel plunged after saying its development of a next…