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…
Pope names Draghi, ex-head of European Central Bank to panel
VATICAN CITY (AP) — Mario Draghi, the former head of the European Central Bank, has been appointed by Pope Francis to a Vatican advisory panel, the Holy See said on Friday.
The Latest: Nevada lawmakers suspend session over virus case
CARSON CITY, Nev. — Nevada lawmakers have pumped the brakes on their emergency special session because someone in the legislative building has tested positive for the coronavirus.
US targets $1.3 billion in French imports in tech tax clash
WASHINGTON (AP) — The Trump administration on Friday announced plans to impose taxes on $1.3 billion in French imports — hitting handbags and makeup but sparing cheese and wine — in retaliation for France’s digital…
Business Highlights
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US bets on untested company to deliver COVID-19 vaccine
When precious vats of COVID-19 vaccine are finally ready, jabbing the lifesaving solution into the arms of Americans will require hundreds of millions of injections.
France investigating millions in virus unemployment fraud
PARIS (AP) — Organized crime groups sought to defraud the French state of millions of euros meant for workers left jobless by the virus lockdown, prosecutors said Friday.
UK-China ties freeze with debate over Huawei, Hong Kong
LONDON (AP) — Only five years ago, then-British Prime Minister David Cameron was celebrating a “golden era” in U.K.-China relations, bonding with President Xi Jinping over a pint of beer at the pub and signing off …
Amazon says email barring TikTok from employee phones for 'security risks' was in error; TikTok policy is unchanged
NEW YORK (AP) — Amazon says email barring TikTok from employee phones for 'security risks' was in error; TikTok policy is unchanged.
Facebook's software kit to blame for popular apps crashing
OAKLAND, Calif. (AP) — Friday's widespread crashes of popular apps running on the iPhone’s iOS operating system — including Tinder, Spotify and Pinterest — serve as a reminder that Facebook is still tracking you th…
Flood-weary Venice puts 'Moses' inflatable barriers to test
ROME (AP) — Venice has conducted a trial run of an ambitious anti-flood system of 78 inflatable barriers in hopes of protecting the lagoon city from devastating high tides.
Fed buys more corporate bonds but may soon end purchases
WASHINGTON (AP) — The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep U.S. interest rates low and ensure large companies can borrow by sellin…
Wall Street rallies as optimism returns to cap erratic week
NEW YORK (AP) — Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy’s recent upswing.
Virus surge visible across Texas: 'The tsunami is here'
AUSTIN, Texas (AP) — Urgent calls for field hospitals. Cars lined up for hours at drive-thru testing centers. Bars boarded up and grocery stores enforcing masks.
Florida's curve no longer flat amid new surge of virus cases
MIAMI (AP) — Fighting a surge in
Retail bankruptcy filings keep coming, coffee habits change
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …