Business

 United Parcel Service Inc. rose the most in two years after UBS Group AG upgraded the courier to buy, predicting the company will continue to rein in expenses following its elimination of 12,000 management jobs.

Boeing Co. executives have spent the past month grappling with the aftermath of a near-catastrophe on an airborne 737 Max jet. As the U.S. planemaker works through its latest crisis tied to manufacturing lapses, a new risk looms: a labor rift 10 years in the making.

 Treasury Secretary Janet Yellen said that while losses in commercial real estate are a worry, US regulators are working to ensure that loan-loss reserves and liquidity levels in the financial system are adequate to cope.

Virgin Galactic has grounded their current space tourism flight, after a small part on its mothership unintentionally detached, the company announced Monday.  

The fate of a 584-unit housing development at the site of a formerly bankrupted golf course in Spokane Valley could be decided by early March.

The Spokane Ag Expo and Farm Forum kicks off Wednesday when it welcomes vendors and speakers to help inform and equip Inland Northwest farmers for the coming year.

Boeing Co. found more mistakes with holes drilled in the fuselage of its 737 Max jet, a setback that could further slow deliveries on a critical program already restricted by regulators over quality lapses.

The tech industry has started 2024 with another wave of job cuts, paring back even further after widespread layoffs last year.

In 1974, Mike Shirts was bagging groceries at the local Rosauers Supermarket in Moscow. Numerous promotions and 50 years later, he is retiring as the chief operating officer.

Tyson Foods Inc. posted quarterly earnings that beat even the highest of analysts’ estimates, with improving results from its chicken, pork and prepared food businesses more than offsetting losses at its beef operation. Shares surged.

McDonald’s Corp.’s sales missed investor expectations in the fourth quarter as growth decelerated, hurt in part by the war in the Middle East.

The city of Spokane Valley has met with representatives of restaurant Dave & Buster’s to discuss a proposed location near the intersection of East Indiana Avenue and East Mirabeau Parkway.

For months, jobs data have pointed to a gradually cooling labor market across the U.S., which along with receding inflation helped fuel bets that the Federal Reserve would start cutting interest rates early in 2024. Friday’s blockbuster employment data turned that narrative upside down.

Americans are finally getting a break from inflation, with prices for gasoline, used cars and health insurance all falling over the past year, relieving families and buoying President Biden’s 2024 reelection bid. But prices painfully remain high for one particularly frequent purchase: groceries.

Meta Platforms Inc. and Amazon.com Inc. soared in pre-market trading Friday after delivering quarterly earnings and outlooks that far exceeded Wall Street’s expectations.

In 2023, Boeing hired people steadily, building the workforce from its pandemic-era low point as jet production rates crept back up and retirements of more experienced employees demanded replacements.

Jennifer Von Doehren never planned to work in the beauty industry, let alone take over operation of her father’s cosmetology school, Glen Dow Academy. That was a task her brother, Martin Dow, gladly took on.

Initial and recurring applications for US unemployment benefits both rose to a two-month high, suggesting some slowdown in the labor market.

Universal Music Group NV, the world’s biggest record label that counts Taylor Swift and Drake among its artists, has begun pulling music from the social-media platform TikTok after extensive contract negotiations between the two companies failed.