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…
Southwest will test thermal cameras at Dallas Love Field
DALLAS (AP) — Southwest Airlines will test thermal cameras for spotting people with fevers beginning next month at the Dallas airport as it tries to convince people to fly during the coronavirus pandemic, officials…
California buys more masks, but some workers still lack
SACRAMENTO, Calif. (AP) — California will spend $315 million more to buy hundreds of millions of protective masks as the coronavirus continues to ravage the state, Gov. Gavin Newsom announced Wednesday.
Tesla picks Austin, Texas area as the site for its largest auto assembly plant employing at least 5,000 workers.
AUSTIN, Texas (AP) — Tesla picks Austin, Texas area as the site for its largest auto assembly plant employing at least 5,000 workers.
UBS reaches 20-year deal for Islanders' arena naming rights
NEW YORK (AP) — The New York Islanders have reached a 20-year naming rights deal for their new arena with wealth management service UBS.
Petrochemical developer reaches pact with gas storage firm
CLEVELAND (AP) — A U.S. subsidiary of a Thailand-based company proposing to build a multibillion dollar petrochemical plant in Ohio announced Wednesday it is finalizing an agreement with a company to store liquid n…
As restaurants endure economic losses, others feel pain, too
WASHINGTON (AP) — Restaurants helped revive the U.S. economy after the Great Recession of 2007-2009.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery fell 83 cents to settle at $41.07 a barrel Thursday. Brent crude oil for September delivery fell 98 cents to $43.31 a barrel.
Best Buy, Silgan rise; Snap, FirstEnergy fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Tesla picks Texas site for second US vehicle assembly plant
Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers.
N. Korea's Kim visits chicken farm, calls for improvements
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has inspected a new chicken farm being built in a county south of capital Pyongyang and called for improvements to what he described as an outdated poultry …
Turkey rejects Greece accusation of Mediterranean violation
ANKARA, Turkey (AP) — Turkey on Wednesday rejected claims by Greece that its oil-and-gas research vessels were encroaching on Greek waters in the eastern Mediterranean and said it would continue to defend its legit…
NY Times promotes executive Meredith Kopit Levien to CEO
The New York Times Co. said Wednesday that it is promoting its chief operating officer, Meredith Kopit Levien, to CEO.
Asia Today: Australian state leader says sick not isolating
MELBOURNE, Australia (AP) — Australia’s hard-hit Victoria state reported a record 484 new COVID-19 cases on Wednesday and health authorities warned that numbers could continue to rise.
Fiat Chrysler, Iveco offices searched in emissions probe
FRANKFURT, Germany (AP) — Investigators searched offices of automaker Fiat Chrysler and truckmaker Iveco in Germany, Switzerland and Italy on Wednesday as part of an investigation into suspected illegal manipulatio…
US home sales jump 20.7% in rebound from 3-month slump, but shortage of properties for sale could hinder further gains
BALTIMORE (AP) — US home sales jump 20.7% in rebound from 3-month slump, but shortage of properties for sale could hinder further gains.