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…
Mine developer sees review as positive for Alaska project
JUNEAU, Alaska (AP) — A proposed copper and gold mine that critics fear would imperil a major U.S. salmon fishery got a boost Friday with the release of an environmental review that the developer of the Pebble Mine…
Extra unemployment aid expires as virus threatens new states
LOS ANGELES (AP) — As public health officials warned Friday that the coronavirus posed new risks to parts of the Midwest and South, enhanced federal payments that helped avert financial ruin for millions of unemplo…
Wall Street down after worldwide slide; gold at record high
Stocks closed broadly lower for the second day in a row Friday as Wall Street gave back some of its gains from a mostly solid July rally.
Court: Judge wrong to dismiss complaint against Facebook
CONCORD, N.H. (AP) — The New Hampshire Supreme Court ruled Friday that a judge was wrong to dismiss a cafe owner's complaint against Facebook that said his social media account was shut down without warning.
FAA orders emergency engine checks of parked Boeing 737s
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…
AP-NORC poll: Nearly half say job lost to virus won't return
WASHINGTON (AP) — Nearly half of Americans whose families experienced a layoff during
Schlumberger slashes 21,000 jobs amid pandemic oil rout
Schlumberger is cutting more than 21,000 jobs as the global coronavirus pandemic quashes demand for energy and oil prices are routed.
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.
US new home sales jump 13.8% in June
WASHINGTON (AP) — Sales of new homes rose a sharp 13.8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.
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.
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.
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…
Dozens resign at Hungary's main news site after editor fired
BUDAPEST, Hungary (AP) — Dozens of journalists, including top editors, resigned Friday from Hungary’s main news site because of the firing earlier this week of Index.hu’s editor-in-chief.
Mandatory masks becoming the rule amid Europe's virus uptick
ROME (AP) — New rules on wearing masks in England came into effect Friday, with people entering shops, banks and supermarkets now required to wear face coverings, while Romania reported a record for daily infection…
AP-NORC poll: Nearly half of Americans whose families lost jobs during the pandemic believe the jobs will not return
WASHINGTON (AP) — AP-NORC poll: Nearly half of Americans whose families lost jobs during the pandemic believe the jobs will not return.