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Stories tagged: business


Google case set to examine if EU data rules extend globally

Google is going to Europe’s top court in its legal fight against an order requiring it to extend “right to be forgotten” rules to its search engines globally.


Alibaba’s Jack Ma to step down as chairman in September 2019

Jack Ma, who founded e-commerce giant Alibaba Group and helped launch China’s e-commerce boom, announced Monday he will step down as the company’s chairman next September.


UPDATED: Mon., Sept. 10, 2018, 2:03 p.m.

China’s trade surplus with U.S. hits record $31 billion

China’s trade surplus with the United States widened to a record $31 billion in August as exports surged despite American tariff hikes, potentially adding fuel to President Donald Trump’s battle …


UPDATED: Tue., Sept. 11, 2018, 12:06 p.m.

Escalation in Spokane County home prices shows signs of slowing

The average price for homes with sales closing in August was $260,800 – nearly unchanged from $259,300 in July, and down from a peak of $268,830 in June, according to …


UPDATED: Sun., Sept. 9, 2018, 6:27 p.m.

CBS’ Les Moonves quits after new sex misconduct charges

CBS Chief Les Moonves resigned Sunday, just hours after six more women accused the long-time television executive of sexual misconduct.


Convenience shops go healthy as millennials choose wellness

In convenience stores spawned by the wellness wave, kombucha slushies take the place of corn-syrupy treats infused with red dye, tortilla chips are made of cassava flour instead of corn …


Apple faces Trump’s ire after company says its products would be hurt by tariffs

President Donald Trump on Saturday took aim at Apple after the tech giant said the White House’s proposed tariffs on China could result in price increases on popular consumer devices …


UPDATED: Sun., Sept. 9, 2018, 2:28 p.m.

Riot exec tells esports fans he’s going to keep spending

The head of North American esports operations for Riot Games has a message for concerned League of Legends fans: “We’re not cutting budget.”


Front & Center: Members, employees drive North Side Costco general manager

During a recent interview, Costco general manager Greg Schatz discussed clues hidden in Costco prices, the company’s return policy and poker.


United tests lie-flat seats for longest U.S. routes

United Continental Holdings is experimenting with lie-flat seats for its fleet of Boeing 737 Max 10 jets, which the airline plans to fly on its longest domestic routes.


Week Ahead

Conventions Spokane Interstate Fair - Spokane Interstate Fair and National Stock Show, through Sept. 16, Spokane County Fair and Expo Center, 200,000 attendees.


Motley Fool: A towering portfolio candidate

American Tower is a real estate investment trust that’s one of the world’s largest owners of towers and other structures designed to hold telecommunications equipment.


BBB Tip of the Week: Customer support callers targeted by gift card scam

When you dial customer support, be sure to double-check – or triple-check – the phone number. Scammers are buying phone numbers similar to the customer support numbers of major companies …


Tom Kelly: Looking for a quick credit fix? Co-signer usually not the answer

Co-signers, or co-borrowers, can help bring you up to the income needed to qualify for a loan, but guidelines can be very specific depending on the type of loan. Usually …


Trump: Apple can avoid tariffs by shifting production to U.S.

President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes “massive” additional tariffs on Chinese-made goods, but he says the tech company can …


‘Broken’ economics for preschool workers, child care sector

A dire child care workforce crisis amid a booming U.S. economy is compelling many industry players to turn to business tactics more closely resembling Wall Street than “Sesame Street” – …


Another day at Tesla: Execs depart, Musk invites controversy

Another executive departure, another controversy over the CEO’s behavior, another stock drop. Another typical day at Tesla.


UPDATED: Fri., Sept. 7, 2018, 11:27 p.m.

Grocery Outlet on Sprague Avenue closes after 29 years

Grocery Outlet Bargain Market in Spokane Valley has shuttered after close to three decades of service.


UPDATED: Fri., Sept. 7, 2018, 9:27 a.m.

Modest premium hikes as ‘Obamacare’ stabilizes

Millions of people covered under the Affordable Care Act will see only modest premium increases next year, and some will get price cuts. That’s the conclusion from an exclusive analysis …


UPDATED: Fri., Sept. 7, 2018, 7:33 p.m.

U.S. hiring picked up in August as pay surged most in 9 years

The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years – evidence that employers remain confident despite the Trump …


Tesla stock falls as CEO Elon Musk appears to smoke marijuana on video

Shares of electric car maker Tesla Inc. tumbled about 7 percent as the markets opened Friday after the CEO appeared to smoke marijuana during an interview and the company’s accounting …


British Airways travelers’ credit card details hacked

Hackers obtained the credit card details of some 380,000 British Airways travelers during a two-week data breach this summer that leaves the customers vulnerable to financial fraud, the airline says.


UPDATED: Thu., Sept. 6, 2018, 5:56 p.m.

North Korean charged in crippling Sony hack, WannaCry virus

A computer programmer working for the North Korean government was charged with devastating cyberattacks that hacked Sony Pictures Entertainment and unleashed the WannaCry ransomware virus that infected computers in 150 …


UPDATED: Thu., Sept. 6, 2018, 3:49 p.m.

Ford recalls 2 million pickup trucks; seat belts can cause fires

Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickup trucks in North America because the seat belts can spark and cause fires.


UPDATED: Thu., Sept. 6, 2018, 4:48 p.m.

Paltrow’s Goop settles over lawsuit over purported health benefits of mineral eggs

We need to talk about Gwyneth Paltrow’s eggs. Again.


UPDATED: Thu., Sept. 6, 2018, 2:13 p.m.

Minimum wage increases in six cities working as intended, Berkeley study of food-service jobs finds

The minimum wage increases that started four years ago in SeaTac are spreading across the country, but economists continue to study – and disagree about – the impact of the …


Starbucks reveals opulent store in Milan, the culmination of Howard Schultz’s Italian dream

A 1983 trip to Italy gave rise to Schultz’s vision for Starbucks as a purveyor not just of coffee beans and equipment, as it was when he joined the company, …


Group of Whole Foods workers aims to unionize

A group of workers at Amazon-owned Whole Foods Market planned to email colleagues at the organic grocer’s stores announcing a push to organize.


UPDATED: Thu., Sept. 6, 2018, 3:40 p.m.

U.S. says North Korean charged in Sony hack, WannaCry attack

A computer programmer accused of working at the behest of the North Korean government was charged Thursday in connection with several high-profile cyberattacks, including the Sony Pictures Entertainment hack and …


UPDATED: Wed., Sept. 5, 2018, 8:33 p.m.

Study: Facebook app deleted by 25 percent of users in wake of Cambridge Analytica privacy scandal

Facebook users are adjusting their digital behavior following the turmoil on the platform during the 2016 presidential election, according to a new survey.