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…
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.
Airbus moves to end 16 years of litigation, end US tariffs
European planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization over subsidies.
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.
Lawyers for Huawei CFO say she's Trump bargaining chip
VANCOUVER, British Columbia (AP) — Lawyers for a senior executive of Chinese tech giant Huawei say her extradition hearing should be ended because comments by U.S. President Donald Trump reduce her to a “pawn in a …
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…
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…
Boston Beer, Del Taco rise; Intel, Veoneer fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
McDonald's to require masks at all US restaurant locations
NEW YORK (AP) — McDonald's says it will be requiring customers to wear face coverings when entering its U.S. restaurants as the number of new virus cases continue to surge in many states.
With no deal to curb drug costs, Trump tries his own changes
WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump is moving on his own to allow imports of prescription medicines, along with other limited steps that might have…
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…
Intel's stock plunges as work on new computer chip bogs down
SAN RAMON, Calif. (AP) — Intel is falling further behind in the race to build faster and more powerful computer chips, a nagging problem that may force the Silicon Valley pioneer to seek help from other manufacture…
Some areas protected as Formosa's Louisiana work continues
NEW ORLEANS (AP) — A Taiwan-based company and opponents to plans for a $9.4 billion plastics complex have agreed that site preparation can continue except in wetlands and in five known or possible sites of enslaved…
Iconic Philly cheesesteak shop founder, son face tax charges
PHILADELPHIA (AP) — The founder of an iconic Philadelphia cheesesteak restaurant and one of his sons have been indicted on federal tax evasion and fraud charges for allegedly hiding nearly $8 million in sales over …