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…
Asia Today: New restrictions coming for Australian hot spot
MELBOURNE, Australia (AP) — Australia’s hot spot Victoria state on Tuesday reported 374 new cases of COVID-19, its second-highest daily tally.
Prosecutors: Company, CEO tried to export chemicals to China
PROVIDENCE, R.I. (AP) — A California company and its CEO are facing conspiracy, money laundering and other federal charges for allegedly attempting to illegally export chemicals to a Chinese company with military t…
21 state attorneys general sue over new Trump water rule
SACRAMENTO, Calif. (AP) — Attorneys general in 20 states and the District of Columbia sued the Trump administration on Tuesday, alleging that new federal rules undermine their ability to protect rivers, lakes and s…
LA's U.S. Bank Tower sold to World Trade Center developer
LOS ANGELES (AP) — The U.S. Bank Tower, one of the tallest buildings west of the Mississippi River and a landmark in downtown Los Angeles, will be sold to the developer of the new World Trade Center in New York.
Turkey's ruling party moving to tighten grip on social media
ANKARA, Turkey (AP) — The Turkish president's ruling party is submitting draft legislation to parliament that would enable the government to tighten its grip on social media, an official said Tuesday. The oppositio…
The Latest: Nepal ends 120 days of coronavirus lockdown
KATHMANDU, Nepal — Nepal’s government has ended a lockdown 120 days after it was imposed to control the spread of coronavirus.
EU agrees on $2.1 trillion deal after marathon summit
BRUSSELS (AP) — After four days and nights of wrangling, exhausted European Union leaders finally clinched a deal on an unprecedented 1.8 trillion-euro ($2.1 trillion) budget and coronavirus recovery fund early Tue…
Stimulus package breaks new ground in European unity
FRANKFURT, Germany (AP) — European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession c…
GOP splits as virus aid package could swell past $1 trillion
WASHINGTON (AP) — The price tag for the next COVID-19 aid package could quickly swell above $1 trillion as White House officials negotiate with Congress over money to reopen schools, prop up small businesses, boost…
Asian shares mixed after lackluster session on Wall Street
MITO, Japan (AP) — Shares were mixed in Asia on Wednesday, with Australia’s benchmark down more than 1% on reports of a sharp rise in coronavirus cases in the Melbourne area.
Brewery says it never authorized Trump event, closes for day
FREEPORT, Maine (AP) — Owners of a Maine brewery said Tuesday they're going to shut down for a day after feeling misled about an event in support of President Donald Trump.
3 companies buy high-speed frequencies in Dutch auction
THE HAGUE, Netherlands (AP) — A Dutch government auction of frequencies that can be used by mobile telecom companies to provide new, high-speed 5G communications raised 1.23 billion euros ($1.4 billion), the minist…
Facebook's voting labels on candidate posts sow confusion
OAKLAND, Calif. (AP) — Facebook has started adding informational labels to all posts about voting by federal elected officials and candidates in the U.S., as it
Tesla's spent a year terrifying, electrifying Wall Street
DETROIT (AP) — Tesla's losses were mounting last summer, massive debt payments were looming, and both Wall Street and federal regulators had run out of patience with the erratic behavior of CEO Elon Musk.
Airlines call for testing to restore transatlantic travel
FRANKFURT, Germany (AP) — Major airlines are urging the U.S. and the European Union to quickly restore transatlantic air travel by deploying a joint COVID-19 testing program.