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…
Boston Beer, Del Taco rise; Intel, Veoneer fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
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Goldman Sachs and Malaysia reach $3.9B settlement over 1MDB
KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Friday it has reached a $3.9 billion settlement with Goldman Sachs in exchange for dropping criminal charges against the bank over bond sales that raised mon…
Congressman says he wants answers about Iowa plant outbreak
IOWA CITY, Iowa (AP) — U.S. Rep. Dave Loebsack said Friday that he's “deeply concerned” about an Associated Press report that showed the first known coronavirus outbreak at an Iowa meatpacking plant was far more se…
FAA: Check engines on 737s that could shut down mid-flight
WASHINGTON (AP) — Safety regulators issued an emergency order directing airlines to inspect and if necessary replace a critical engine part on popular Boeing 737 jets after four reports of engines shutting down dur…
US new homes sales rose 13.8% to an annual rate of 776,000 during pandemic recovery bump in June
WASHINGTON (AP) — US new homes sales rose 13.8% to an annual rate of 776,000 during pandemic recovery bump in June.
With no new law to curb drug costs, Trump tries own changes
WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump has moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some…
Garmin fitness tracking service goes down, frustrating users
LONDON (AP) — GPS device-maker Garmin’s online fitness tracking service has gone down, leaving runners and cyclists struggling to upload data from their latest workouts.
French refinery leaks toxic chemical into marine life area
PARIS (AP) — An orange-brown chemical sheet spread over 15 acres (6 hectares) of a nationally recognized marine life area in the French Mediterranean following a leak at a petrochemical plant in southern France, th…
Lufthansa, Belgium agree on Brussels Airlines recovery plan
BRUSSELS (AP) — The Belgian government and Lufthansa have agreed on a rescue plan for struggling airline Brussels Airlines.
Simon-backed venture makes offer to buy Brooks Brothers
NEW YORK (AP) — A retail venture owned by licensing company Authentic Brands Group and mall owner Simon Property Group has entered into an agreement to buy the iconic Brooks Brothers for $305 million.
Disabled Americans mark milestone as crisis deepens job woes
The Americans With Disabilities Act was a major turning point in opening large parts of U.S. society to disabled people, but three decades after its passage disabled workers still face higher unemployment than othe…
Women reflect on sexist slur that often goes unpunished
Ask a woman if she’s been called the B-word by a man — perhaps modified by the F-adjective — and chances are she’ll say, “You mean ever, or how many times?”
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.
A troubling pandemic thought: Are THESE the good old days?
HOPE VALLEY, R.I. (AP) — News articles don’t carry Hollywood-style viewer ratings or trigger warnings. Maybe this one should.