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…
The Latest: Florida adds nearly 10,000 new coronavirus cases
FORT LAUDERDALE, Fla. — Florida added 9,785 new confirmed cases Wednesday, bringing the total since March 1 to nearly 380,000.
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…
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…
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.
2 more ex-Wirecard managers arrested, ex-CEO back in custody
BERLIN (AP) — Two more former executives at bankrupt German payment company Wirecard were arrested on Wednesday in the fraud scandal that brought down the one-time tech star and its former CEO was taken back into c…
AP Exclusive: Migrant kids held in US hotels, then expelled
HOUSTON (AP) — The Trump administration is detaining immigrant children as young as 1 in hotels, sometimes for weeks, before deporting them to their home countries under policies that have effectively shut down the…
US sales of existing homes jump 20% after a 3-month slump
BALTIMORE (AP) — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further…
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.
Stock gains are checked as US-China tensions escalate again
Stocks are edging higher on Wall Street in midday trading Wednesday, adding to the market's recent gains, as investors size up a mix of company earnings reports.
UK to open citizenship path to Hong Kongers from January
LONDON (AP) — Britain’s government announced Wednesday that it will open a new special pathway to obtaining U.K. citizenship for up to 3 million eligible Hong Kongers as of January, taking another step toward solid…
Feds agree to buy 100 M doses of potential Pfizer vaccine
The U.S. will pay nearly $2 billion for 100 million doses of a potential COVID-19 vaccine being developed by Pfizer and its German partner BioNTech.
P&G extends Olympic sponsorship, focusing on equality drive
LONDON (AP) — Procter & Gamble will use its Olympic and Paralympic sponsorship to campaign for racial equality after extending its backing of the games through 2028.
EU Parliament chief deplores cuts in key budget programs
BRUSSELS (AP) — The European Parliament's president criticized Wednesday the cuts to key programs that the EU's 27 leaders approved in the bloc's long-term budget at a marathon summit this week.
US signs contract with Pfizer for COVID-19 vaccine doses
WASHINGTON (AP) — The Trump administration will pay Pfizer nearly $2 billion for a December delivery of 100 million doses of a COVID-19 vaccine the pharmaceutical company is developing, Health and Human Services Se…
New Yorkers ditching city for elbow room fuel housing boom
If the outbreak roars back in New York City, Anil and Joyce Lilly will not be sheltering again in their Bronx apartment. They just bought a house an hour north in the Hudson Valley.