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…
Asia Today: South Korean prosecutors question church leader
SEOUL, South Korea (AP) — South Korean prosecutors on Friday questioned the leader of a secretive church sect over accusations it hampered the government’s anti-virus response after thousands of COVID-19 infections…
Ax-wielding man attacks Greek tax office staff, 3 badly hurt
THESSALONIKI, Greece (AP) — A man wielding an ax and shouting “this is what you deserve” attacked employees at a tax office in northern Greece on Thursday, leaving three people seriously injured.
US retail sales jump 7.5% in June, but economy still ails
BALTIMORE (AP) — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.
Asian stock prices rebound after Wall Street slips
BEIJING (AP) — Asian stock markets were mostly higher Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook.
Rising coronavirus infections threaten US economic recovery
BALTIMORE (AP) — Rising coronavirus infections across dozens of states are threatening the U.S. economic recovery, forcing businesses and consumers to freeze spending and keeping the unemployment rate stubbornly hi…
List of national retail chains requiring masks is growing
NEW YORK (AP) — Target, CVS Health and Publix Super Markets on Thursday joined the growing list of national chains that will require customers to wear face masks regardless of where cities or states stand on the is…
Bank of America sees recessionary impacts 'deep into 2022'
NEW YORK (AP) — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell 16 cents to settle at $40.59 a barrel Friday. Brent crude oil for September delivery fell 23 cents to $43.14 a barrel.
Experts say Twitter breach troubling, undermines trust
HONG KONG (AP) — A breach in Twitter’s security that allowed hackers to break into the accounts of leaders and technology moguls is one of the worst attacks in recent years and may shake trust in a platform politic…
Ukraine appoints new head of the National Bank
KYIV, Ukraine (AP) — Ukraine’s parliament on Thursday voted to appoint a new head of the country's central bank after its former chief stepped down citing political pressure.
US retail sales jumped 7.5% in June from prior month, but COVID-19 resurgence suggests that gains have stalled
WASHINGTON (AP) — US retail sales jumped 7.5% in June from prior month, but COVID-19 resurgence suggests that gains have stalled.
Burger King in China apologizes after state TV criticism
BEIJING (AP) — Burger King's China unit has issued a public apology and promised to cooperate with a government investigation after state TV reported one of the U.S. fast food giant's outlets used expired ingredien…
Latin America faces 'lost decade' from coronavirus GDP drop
MEXICO CITY (AP) — The Economic Commission for Latin America and the Caribbean said Wednesday the region’s per-capita gross domestic product is likely to drop by 9.1% in 2020 due to the coronavirus pandemic.
Asia Today: Australian virus hot spot adds hospital beds
MELBOURNE, Australia (AP) — Australia’s coronavirus hot spot, Victoria state, moved to increase available hospital beds Thursday and reported a record 317 new infections.
Chinese executives get 'pre-test' injections in vaccine race
BEIJING (AP) — In the global race to make a coronavirus vaccine, a state-owned Chinese company is boasting that its employees, including top executives, received experimental shots even before the government approv…