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…
White House scrambles on nursing homes as COVID-19 surges
WASHINGTON (AP) — Fearing another grim wave of nursing home deaths as COVID-19 cases rebound, President Donald Trump on Wednesday announced his administration will provide $5 billion to help facilities counter the …
Outbreak at Iowa pork plant was larger than state reported
IOWA CITY, Iowa (AP) — The first confirmed coronavirus outbreak at an Iowa meatpacking plant was far more severe than previously known, with more than twice as many workers becoming infected than the state Departme…
White House scrambles on nursing homes as COVID-19 surges
WASHINGTON (AP) — Fearing another grim wave of nursing home deaths as COVID-19 cases rebound, President Donald Trump on Wednesday announced his administration will provide $5 billion to help facilities counter the …
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.
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.
Tesla makes $104M profit in 2Q despite factory shutdown
DETROIT (AP) — Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter.
How major US stock indexes fared Wednesday
Stocks closed with solid gains on Wall Street Wednesday after a choppy day of trading that pulled indexes temporarily into the red.
Whitmer: Enbridge dodging responsibility for potential spill
TRAVERSE CITY, Mich. (AP) — Michigan Gov. Gretchen Whitmer criticized Enbridge Inc. on Wednesday for what she described as the company's refusal to make an airtight pledge to pay for damages caused by a potential o…
Stocks close mostly higher after a choppy day of trading
Wall Street capped a choppy day of trading Wednesday with more gains for stocks as investors sized up a mix of company earnings reports and another flare-up in tensions between Washington and Beijing.
Best Buy, Silgan rise; Snap, FirstEnergy fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Ohio governor supports nuclear bailout law despite scandal
COLUMBUS, Ohio (AP) — A nuclear plant bailout law should remain in place, Republican Gov. Mike DeWine said Wednesday, even as a bribery scandal involving one of the state’s most powerful lawmakers unfolded over the…
US says it will adopt global climate standards for aviation
The Trump administration said Wednesday that it plans to adopt aircraft emissions standards modeled on international ones, a move it says will not further reduce climate-damaging emissions from planes.
United sees revenue stalling at 50% without a virus vaccine
United Airlines executives said Wednesday that travel will rise when the number of new coronavirus cases drops but the airline's revenue will stall around 50% of pre-pandemic levels until there is a vaccine.
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.
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…