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.
Goldman Sachs reaches $3.9 billion settlement with Malaysia over scandal-plagued 1MDB sovereign wealth fund
NEW YORK (AP) — Goldman Sachs reaches $3.9 billion settlement with Malaysia over scandal-plagued 1MDB sovereign wealth fund.
Not this year: Great British summer getaway takes a pause
LONDON (AP) — The air would normally be full of anticipation with kids excitedly planning the coming two weeks and parents anxiously making sure everyone gets on the flight.
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.
Charges dropped against Thai Red Bull heir in fatal crash
BANGKOK, Thailand (AP) — Prosecutors in Thailand have dropped all charges against a Thai heir to the Red Bull energy drink fortune who was accused of killing a Bangkok police officer in a 2012 car crash, officials …
Combined brokerages already working together
MOSES LAKE — When two of the largest real estate brokerage firms in Moses Lake formally announced their merger earlier this week, most of the hard work had alr…
1.4 million seek US jobless aid, first increase since March, as layoffs remain high amid resurgence of virus
WASHINGTON (AP) — 1.4 million seek US jobless aid, first increase since March, as layoffs remain high amid resurgence of virus.
EU top official: Budget cuts are 'difficult pill to swallow'
BRUSSELS (AP) — The European Union's top official said Thursday that planned cuts in the next long-term multi-billion budget of the 27-nation bloc are a “difficult pill to swallow."
Southwest's 2Q adj. loss tops $1B on weak travel demand
Southwest posted an adjusted loss of $1.5 billion in its second quarter as severely diminished air travel demand continues to pound the industry amid the coronavirus pandemic.
A world in isolation, a surge of new users for Twitter
LONDON (AP) — The global pandemic and U.S. protests are forcing a pullback by advertisers on Twitter, but it's also led to an unprecedented surge of users.
Albania's parliament approves electoral reforms sought by EU
TIRANA, Albania (AP) — Albania's parliament on Thursday approved electoral reforms aimed at guaranteeing free and fair elections and considered a key condition to starting entry negotiations with the European Union.
US mulls endangered status for Nevada plant in mine fight
RENO, Nev. (AP) — The U.S. Fish and Wildlife Service says there’s enough scientific evidence that two rare plants in Nevada’s desert could go extinct to warrant a year-long review of whether to list them as endange…
Amid pandemic, consumer goods sales hold up at Unilever
THE HAGUE, Netherlands (AP) — Consumer products giant Unilever, whose brands include Ben & Jerry's ice creams, Lipton tea and Dove soaps, said Thursday that second-quarter sales were only slightly lower than the sa…
US long-term mortgage rates rise; 30-year at 3.01%
WASHINGTON (AP) — Average rates on long-term mortgages rose this week for the first time since June 25, after weeks of marking new record lows.
Ex-utility exec pleads guilty to $1B fraud in South Carolina
COLUMBIA, S.C. (AP) — Nearly three years after leading a failed project to build two nuclear reactors in South Carolina, an executive in charge of the construction pleaded guilty Thursday to taking more than $1 bil…