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…
How major US stock indexes fared Thursday
Stocks closed lower on Wall Street Thursday, undercut in part by a discouraging report showing that layoffs are picking up across the country along with confirmed new coronavirus cases.
Whirlpool, Meritage rise; Kinder Morgan, Union Pacific fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Southwest, American tighten mask rules; Delta widens testing
DALLAS (AP) — Delta Air Lines will provide at-home coronavirus tests for some employees, while Southwest and American will tighten their rules on face masks by ending exceptions for medical reasons.
Ohio governor reverses course, calls to repeal energy law
COLUMBUS, Ohio (AP) — Gov. Mike DeWine reversed course on Thursday and called for a nuclear bailout energy law to be repealed and replaced in the wake of a $60 million state bribery scandal implicating one of Ohio'…
Review fast tracked for Nevada vanadium mine, 1st in the US
RENO, Nev. (AP) — Invoking President Trump’s executive order streamlining environmental reviews of projects critical to U.S. security, federal land managers have launched an expedited permitting process for the fir…
Jobless claims rise as cutoff of extra $600 benefit nears
WASHINGTON (AP) — The nation got another dose of bad economic news Thursday as the number of laid-off workers seeking jobless benefits rose for the first time since late March, intensifying concerns the resurgent c…
EU negotiator cites 'objective risk' of no post-Brexit deal
LONDON (AP) — British and European Union negotiators failed to agree on underlying principles in the latest round of talks on post-Brexit trade between the bloc and its one-time member, again raising concerns about…
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…
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…
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.
Coronavirus impact saps AT&T revenue; 3M sign-ups at HBO Max
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.
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 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.
Ritter Sport wins German court battle over square chocolate
BERLIN (AP) — A German federal court cleared the way Thursday for Ritter Sport to maintain its status as the only widely known square chocolate in its home market.
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.