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…
The Latest: S. Korea reports 25 new coronavirus cases
SEOUL, South Korea — South Korea has reported 25 newly confirmed cases of COVID-19, bringing its national caseload to 14,175 infections and 299 deaths.
White House pushes narrow virus aid; Pelosi blasts GOP delay
WASHINGTON (AP) — House Speaker Nancy Pelosi on Sunday assailed Republican “disarray” over a new pandemic relief package as the White House suggested a narrower effort might be necessary, at least for now.
Graft verdict for Malaysia ex-leader a test of rule of law
KUALA LUMPUR, Malaysia (AP) — After years of insisting on his innocence, former Malaysian leader Najib Razak learns his fate this week in his first corruption trial linked to one of the world’s biggest financial sc…
CEO: China still charges 57% tariff on REC silicon
OSLO, Norway — Despite last year’s Phase 1 trade agreement with China, REC Silicon President and CEO Tore Torvund said China has not yet lowered tariffs on the company’s main product, solar-grade silicon.
This Week: Fed meeting, Apple earns, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Software giant SAP to spin off Qualtrics and take it public
NEW YORK (AP) — SAP says it plans to spin off Qualtrics and take it public less than two years after acquiring the survey-software provider.
White House pushes narrow virus aid; Pelosi blasts GOP delay
WASHINGTON (AP) — House Speaker Nancy Pelosi on Sunday assailed Republican “disarray” over a new pandemic relief package as the White House suggested a narrower effort might be necessary, at least for now.
Virus spike in Spain prompts UK, France to warn off tourists
BARCELONA, Spain (AP) — Nightclubs, bars and beaches — some of Spain’s most beloved summer venues — are facing new lockdown restrictions after turning into coronavirus hot spots, and some European nations are warni…
Average US gas price up a penny over 2 weeks to $2.25/gallon
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline inched up less than penny over the past two weeks to $2.25 per gallon.
Vermont city hit hard by news of immigration furloughs
ST. ALBANS, Vt. (AP) — Word has spread swiftly around the small working-class city of St. Albans about looming furloughs at its U.S. Citizenship and Immigration Services center, the largest employer in the city tha…
Twitter and Facebook become targets in Trump and Biden ads
CHICAGO (AP) — Social media has become the target of a dueling attack ad campaign being waged online by the sitting president and his election rival. They're shooting the messenger while giving it lots of money.
Nursing homes eye more private rooms in post-pandemic future
U.S. nursing homes have remained mostly locked down since COVID-19 swept through earlier this year, and it may be a while before that changes.
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…