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…
Two real estate firms merge
MOSES LAKE — The merger of two major local real estate firms has formed one of the largest real estate companies in the Columbia Basin.
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.
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.
United Airlines posts $1.6 billion loss in virus-scarred 2Q
United Airlines said Tuesday that it lost $1.63 billion in the second quarter as revenue plunged 87%, and it will operate at barely over one-third of capacity through September as the coronavirus throttles air trav…
Last call: Colorado prohibits serving booze after 10 p.m.
DENVER (AP) — Colorado Gov. Jared Polis on Tuesday ordered bars and restaurants across the state to stop serving alcohol past 10 p.m. as the number of coronavirus cases among young adults keeps rising.
How major US stock indexes fared Tuesday
Stocks closed mostly higher on Wall Street Tuesday despite a late stumble that nearly wiped out the market’s gains for the day.
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…
Biden unveils caregiver plan, says Trump 'quit' on country
NEW CASTLE, Del. (AP) — Joe Biden offered a massive plan on Tuesday to create 3 million jobs and improve care for children and the elderly as he accused President Donald Trump of having “quit” on the country during…
Hibbett, Coca-Cola rise; eBay, Acadia fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday:
$520 million settlement approved in Santee Cooper lawsuit
COLUMBIA, S.C. (AP) — A South Carolina state judge on Monday approved a $520 million settlement in a customer class action lawsuit against state-owned utility Santee Cooper over increased rates for a failed nuclear…
Senate panel approves Trump's controversial Fed nominee
WASHINGTON (AP) — The Senate Banking Committee on Tuesday approved President Donald Trump's choice of Judy Shelton for the Federal Reserve board of governors on a party-line vote, overcoming widespread questions ab…
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
Transgender official takes abuse while leading virus efforts
Many of the attacks against Pennsylvania’s health secretary have little to do with the way she has handled the statewide response to the coronavirus pandemic.
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.