Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Grant and Adams counties gas prices dip slightly as state, national averages rise
MOSES LAKE — Gas prices in Grant and Adams counties slipped slightly over the last week, even as Washington and na…
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…
Michigan newspaper chain will stop publishing mug shots
DETROIT (AP) — A chain of eight Michigan newspapers will stop publishing mug shots of people charged with crimes as it seeks to break negative judgments, especially in cases involving minorities, a senior editor sa…
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Apple co-founder Steve Wozniak slams YouTube for scam videos
SAN RAMON, Calif. (AP) — Apple co-founder Steve Wozniak is launching a legal attack against Google's YouTube video site for allowing con artists to use him as a pawn in a Bitcoin scam believed to have heisted milli…
Coronavirus impact saps AT&T in 2Q; hit to WarnerMedia
The coronavirus sapped $2.8 billion in revenue from AT&T in its most recent quarter, mostly in its WarnerMedia TV and film division. Its satellite TV business, DirecTV, continued to bleed customers.
Asia shares slip after worst S&P 500 loss in nearly 4 weeks
MITO, Japan (AP) — Worsening China-U.S. friction, worries over aid to Americans and U.S. businesses and a stumble on Wall Street combined to push shares in Asia lower on Friday.
NY lawmakers vote to pause facial recognition in schools
The New York Legislature has passed a two-year moratorium on the use of facial recognition in schools.
Mexico opens anti-monopoly probe amid oxygen price rise
MEXICO CITY (AP) — Mexico’s anti-monopoly commission said Thursday it is looking into possible price-fixing or monopolistic practices in the market for medical oxygen, after pharmacies reported a spike in prices an…