Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
California governor extends closure of bars, indoor dining statewide, orders churches, hair salons closed in most places
SACRAMENTO, Calif. (AP) — California governor extends closure of bars, indoor dining statewide, orders churches, hair salons closed in most places.
Merkel: 2nd summit may be needed to forge EU stimulus deal
BERLIN (AP) — “Bridges still need to be built” between European Union countries at odds over plans for a massive stimulus package to help the bloc's economies recover from the coronavirus pandemic, German Chancello…
Subways sparkle, but does cleaning decrease COVID-19 risk?
NEW YORK (AP) — Mass transit systems around the world have taken unprecedented — and expensive — steps to curb the spread of the coronavirus, including New York shutting down its subways overnight and testing power…
US budget deficit hits all-time high of $864 billion in June
WASHINGTON (AP) — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax…
Analog Devices buys Maxim, creating $68 billion chipmaker
NEW YORK (AP) — Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 billion, and strengthens its position in the analog semiconductor sector.
Merkel: 2nd summit may be needed on EU stimulus package
BERLIN (AP) — German Chancellor Angela Merkel said Monday that “bridges still need to be built” between European Union countries at odds over a stimulus package for Europe's pandemic-stricken economies and a second…
Polish president wins 2nd term after bitter campaign
WARSAW, Poland (AP) — Polish President Andrzej Duda declared victory Monday in a runoff election in which he narrowly won a second five-year term, acknowledging the campaign he ran was often too harsh as he appeale…
Brexit is back: UK aims to prepare public for Jan 1 EU break
LONDON (AP) — The British government told individuals and businesses Monday to get ready for new costs and red tape — but also an exciting “new start” — when the U.K. leaves the European Union's economic embrace in…
Germany aims to make its EU presidency 'climate neutral'
BERLIN (AP) — German is aiming to make its six-month presidency of the European Union “climate neutral,” by organizing events in such a way as to reduce greenhouse gas emissions and offsetting any that can't be avo…
IMF calls on Lebanese to unite behind government reform plan
BEIRUT (AP) — The International Monetary Fund on Monday urged Lebanese authorities to unite behind a government economic plan that has received a cool reception from the banking sector, saying the country needs a r…
Report: New players help Maduro evade tanker sanctions
MIAMI (AP) — As U.S. sanctions scare away the world's largest shippers from Venezuela's oil industry, new players are willing to brave the heightened risks and help keep socialist leader Nicolás Maduro afloat, acco…
Strong demand for virus testing services; snacking surges
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the national and global response, the work place and the spread of the …
The Latest: Hong Kong increases social distancing measures
HONG KONG — Hong Kong has banned public gatherings of more than four and required face coverings on public transport as the city battles an increase in COVID-19 cases.
Outer Banks island ravaged by storms and virus restrictions
OCRACOKE, N.C. (AP) — When Hurricane Dorian pounded the wisp of earth that is Ocracoke Island, a wall of Atlantic seawater flooded Bob Chestnut’s home, surf shop and four vehicles.
EU, Turkey clash over Hagia Sophia, Mediterranean drilling
BRUSSELS (AP) — Turkey and the European Union clashed on Monday over Ankara's decision to change the status of Hagia Sophia from a museum to a mosque and its continued energy exploration in disputed Mediterranean w…