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Tuesday, July 23, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: national-business


UPDATED: Mon., July 22, 2019, 8:38 p.m.

Equifax to pay up to $700 million to settle government investigations into 2017 security breach

Equifax will pay at least $700 million – and potentially much more – to settle lawsuits over a 2017 data breach that exposed the Social Security numbers and similar sensitive …


Pittsburgh Post-Gazette to cut print edition to 3 days

The Pittsburgh Post-Gazette, one of Pennsylvania’s largest newspapers, will cut its print edition to three days as it grapples with declining advertising and digital threats, according to newsroom sources and …


UPDATED: Thu., July 18, 2019, 4:53 p.m.

Toys R Us plans a small comeback with 2 stores this year

The first two new Toys R Us stores – one in Texas, the other in New Jersey – will open in November as part of a small comeback of the …


France adopts pioneering tax on tech giants after US threat

France adopted a pioneering tax on internet giants like Google, Amazon and Facebook on Thursday, despite U.S. threats of new tariffs on French imports.


UPDATED: Thu., July 11, 2019, 6:19 p.m.

Amazon, seeking more skilled workers, will do the training

Amazon will provide technical training to about one-third of its U.S. workforce, both to address the need for more skilled workers and to better compete against rivals.


UPDATED: Tue., July 9, 2019, 3:10 p.m.

Uber offers riders more legroom, less chatting at a price

Uber passengers can now get a more spacious ride and a less talkative driver – if they’re willing to shell out a few extra dollars.


From Nazis to hippies: End of the road for Volkswagen Beetle

Volkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. It’s the end of the road for a vehicle that …


Nintendo shifts some Switch production from China to Vietnam

Nintendo Co. plans to start making its Switch video game console in Vietnam this year, transferring some of its production from China, a company spokesman said Tuesday.


Space-tourism biz Virgin Galactic going public after merger

Richard Branson’s space-tourism venture, Virgin Galactic, is planning to go public, creating the first listed human spaceflight firm.


Deutsche Bank cuts mark end to failed bid for global scale

The radical and painful restructuring of Germany’s Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants …


Bible shortage? Publishers say tariffs could cause it

Religious publishers say President Donald Trump’s most recent proposed tariffs on Chinese imports could result in a Bible shortage.


UPDATED: Mon., July 8, 2019, 4:54 p.m.

U.S. stocks drop as traders weigh odds for steep Fed rate cut

Technology and health care companies drove U.S. stocks to a lower finish Monday as the market fell for a second straight day following a run of record highs.


Some Kenyan families reject Boeing’s compensation for crash

Fifteen Kenyan families of people killed in a plane crash in Ethiopia in March on Friday rejected a proposal by Boeing to compensate them, saying they will pursue their claims …


Fed repeats pledge to act to sustain economic expansion

The Federal Reserve on Friday repeated its pledge to “act as appropriate” to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials …


MAD magazine leaving newsstands after 67-year run (Really!)

MAD, the long-running satirical magazine that influenced everyone from “Weird Al” Yankovic to the writers of “The Simpsons,” will be leaving newsstands after its August issue. Really.


Trump says US should start manipulating the dollar

President Donald Trump on Wednesday accused China and Europe of playing a “big currency manipulation game.” He said the United States should match that effort, a move that directly contradicts …


UPDATED: Tue., July 2, 2019, 7:03 p.m.

Defenders of vegan bacon sue Mississippi over labeling law

A federal lawsuit says Mississippi is violating free-speech rights by banning makers of plant-based foods from using terms such as “meatless meatballs” and “vegan bacon.”


UPDATED: Mon., July 1, 2019, 7:39 p.m.

OPEC extends oil production cuts amid weaker demand outlook

OPEC on Monday decided to extend its deal to cut production for another nine months in an attempt to keep oil prices from sagging as the oil cartel faces a …


UPDATED: Mon., July 1, 2019, 11:02 a.m.

Walmart heir, Buffett to give away $4.8 billion of fortunes

Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities – one of his largest gifts ever – while Walmart heir Jim Walton …


U.S. consumers increase spending a modest 0.4% in May

WASHINGTON – Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy’s outlook to keep shopping. The Commerce Department said Friday that …


UPDATED: Fri., June 28, 2019, 8:08 p.m.

Report: Apple to shift assembly of Mac Pro from U.S. to China

Apple will manufacture its new Mac Pro computer in China, shifting away from a U.S. assembly line it had been using for that product in recent years, according to a …


Facebook’s digital currency may flourish in the analog world

Facebook’s new Libra digital currency is aimed at a huge potential market for financial services – the entire developing world, with billions of people in areas such as India and …


Ford to cut 12,000 jobs in Europe as part of restructuring

Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe as it streamlines operations in the region to increase profitability.


US economy grew at solid 3.1% rate in first quarter

The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter …


Have an old car? You’re not alone. Vehicle age hits record

The average age of cars and trucks in the U.S. has hit a record 11.8 years, as better quality and technology allows people to keep them on the road longer.


US long-term mortgage rates fall; 30-year loan at 3.73%

U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November …


UPDATED: Thu., June 27, 2019, 10:46 a.m.

Facebook enlists plain English to clarify how it makes money

Facebook is updating its terms and services guidelines to clarify how it makes money from the personal information of its users. The changes reflect its ongoing attempts to satisfy regulators …


Tesla: Sales record within reach but deliveries are problem

Tesla is close to setting a quarterly record for deliveries, but the company is having trouble shipping vehicles to the right places as the second quarter comes to a close, …


Bombardier sells CRJ jet program to Mitsubishi for $550M

Canadian aerospace company Bombardier has announced the sale of its regional jet program to Japan’s Mitsubishi Heavy Industries Ltd. for $550 million.


UPDATED: Tue., June 25, 2019, 10:55 a.m.

Alexa, how many dogs come to work at Amazon Seattle? 7,000

Through it all weave hundreds of dogs, whose presence may be the ultimate workplace perk – especially in Seattle, where canines outnumber kids. More than 7,000 dogs are registered to …