Business
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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…
How major US stock indexes fared Wednesday
Stocks closed higher Wednesday, as more gains for big tech companies helped make up for weakness elsewhere across Wall Street.
Wall Street's rally gets back on track as tech leads the way
NEW YORK (AP) — Wall Street’s rally got back on track Wednesday after more gains for big technology stocks helped pull the S&P 500 to its sixth gain in seven days.
The Latest: South Africa prepares 1.5 million gravesites
JOHANNESBURG — A health official in South Africa’s new coronavirus hot spot of Gauteng province says authorities are preparing over 1.5 million gravesites as confirmed cases rise.
Canada predicts historic deficit due to pandemic spending
OTTAWA (AP) — The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19.
Supreme Court expected to rule on Trump tax records Thursday
WASHINGTON (AP) — The Supreme Court is expected to rule Thursday on whether Congress and the Manhattan district attorney can see
US consumers reduced their borrowing by $18.3 billion in May
WASHINGTON (AP) — U.S. consumers reduced their borrowing for a third straight month in May as the millions of jobs lost because of the coronavirus pandemic made households less eager to take on new debt.
CORRECTS: US consumers cut borrowing by $18.3 billion in May (Corrects APNewsAlert to say amount was $18.3B, not $19.1B)
WASHINGTON (AP) — CORRECTS: US consumers cut borrowing by $18.3 billion in May (Corrects APNewsAlert to say amount was $18.3B, not $19.1B).
Judge dismisses GM's bribery lawsuit against Fiat Chrysler
DETROIT (AP) — A federal judge in Detroit has tossed out General Motors’ lawsuit alleging that Fiat Chrysler paid off union leaders to get better contract terms than GM.
US consumers reduced their borrowing by $19.1 billion in May following huge April decline
WASHINGTON (AP) — US consumers reduced their borrowing by $19.1 billion in May following huge April decline.
US starts talks on free trade agreement with Kenya
WASHINGTON (AP) — The United States and Kenya began talks on a free trade agreement Wednesday that would mark the first U.S. trade deal with a sub-Saharan nation.
United will warn 36,000 workers they could be laid off
United Airlines is warning 36,000 employees - nearly half its U.S. staff - they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry.
Serbian leader backtracks on lockdown amid chaotic protests
BELGRADE, Serbia (AP) — Police fired tear gas to disperse rock-throwing protesters in Serbia’s capital on Wednesday as violence erupted for the second day in a row during demonstrations against the president’s hand…
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt
NEW YORK (AP) — Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, filed for bankruptcy protection Wednesday, the latest major clothing seller to be toppled by the coronavirus pande…
Saudi, Briton join race for top WTO post ahead of deadline
GENEVA (AP) — Britain and Saudi Arabia put forward late entries Wednesday for the contest to become the next director-general of the World Trade Organization, joining six others hoping to lead the Geneva-based trad…
Wall Street drifts as tech stock gains offset other losses
NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday, as more gains for big tech companies help make up for weakness elsewhere across Wall Street.