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…
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.
Johnson stresses 'sheer might' of UK union on Scotland trip
LONDON (AP) — British Prime Minister Boris Johnson claimed Thursday that the United Kingdom’s response to the coronavirus pandemic has shown the country’s “sheer might,” seeking to underline the bonds that tie the …
Virus sends jobless claims up for first time since March
WASHINGTON (AP) — The viral pandemic's resurgence caused the number of Americans seeking unemployment benefits to rise last week for the first time in nearly four months, evidence of the deepening economic pain the…
Pandemic grips commerce, hits railroader Union Pacific
OMAHA, Neb. (AP) — Union Pacific’s second-quarter profit fell 28% from a year ago as carload revenue tumbled in the coronavirus pandemic.
Virus surge interrupts hopes for a swift economic recovery
The worsening COVID pandemic risks choking off the U.S. economy's fragile recovery and turn what some investors hoped would be a sprint back to normal into a long hard slog.
White House drops payroll tax cut as GOP unveils virus aid
WASHINGTON (AP) — The White House has reluctantly dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package on Thursday, ceding to opposition to the idea among t…
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.
Greece will do 'whatever necessary' in dispute with Turkey
ATHENS, Greece (AP) — Greece warned Thursday it will do “whatever is necessary” to defend its sovereign rights in response to plans by neighboring Turkey to proceed with an oil-and-gas research mission south of Gre…