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

UPDATED: Tue., Feb. 19, 2019, 11:39 a.m.

Consumer goods companies lead modest rebound in US stocks

U.S. stock indexes turned modestly higher in early afternoon trading Tuesday as solid earnings from Walmart encouraged investors to bid up other retailers and consumer goods companies.

UPDATED: Tue., Feb. 19, 2019, 11:42 a.m.

Chanel: Iconic couturier Karl Lagerfeld has died

PARIS – Karl Lagerfeld, Chanel’s iconic couturier whose designs had an unprecedented impact on the entire fashion industry, died Tuesday in Paris, prompting an outpouring of love and admiration for …

UPDATED: Mon., Feb. 18, 2019, 4:12 p.m.

EU warns of reduced imports if Trump puts tariffs on cars

The European Union warned U.S. President Donald Trump Monday that the bloc will step back from a commitment to buy more American soybeans and liquid gas if European cars are …

UPDATED: Mon., Feb. 18, 2019, 11:54 a.m.

World stocks mostly rise ahead of more China-U.S. trade talks

World stocks mostly rose on Monday ahead of more trade talks between Chinese and American officials in Washington this week.

Amazon aims to cut its carbon footprint

Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener.

UPDATED: Fri., Feb. 15, 2019, 2:32 p.m.

Trump’s company officially halts hotel expansion

President Donald Trump’s company officially shelved plans Friday to create two hotel chains aimed at reaching customers mostly in places where the president has become politically popular.

Amazon’s exit could scare off tech companies from New York

Amazon jilted New York City on Valentine’s Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax …

UPDATED: Thu., Feb. 14, 2019, 6:12 p.m.

Amazon sets cap for Seattle growth in coming years; canceled New York jobs will likely go elsewhere

Amazon will end its growth in Seattle in coming years after its offices under construction open up, and the 25,000 jobs intended for New York will be mostly spread across …

UPDATED: Thu., Feb. 14, 2019, 6:13 p.m.

National retail group: Holiday sales fell short

The National Retail Federation, the nation’s largest retail trade group, said that holiday sales increased a lower-than-expected 2.9 percent as worries about the trade war with China, the government shutdown …

UPDATED: Thu., Feb. 14, 2019, 4:09 p.m.

Mixed finish for U.S. stock indexes over weak retail sales

U.S. stock indexes clawed most of the way back from an early slide Thursday to finish mostly lower, ending a four-day winning streak for the benchmark S&P 500 index.

UPDATED: Thu., Feb. 14, 2019, 6:47 p.m.

Too big to sell: Airbus bids pained adieu to superjumbo A380

To passengers, the A380 feels immediately different – spacious, smooth and oddly elegant for a jet so gargantuan. Yet to Airbus, it’s become a burden so super-sized that the European …

UPDATED: Thu., Feb. 14, 2019, 5:57 p.m.

Amazon dumps NYC headquarters and its promised 25,000 jobs

Amazon abruptly dropped plans Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to …

UPDATED: Wed., Feb. 13, 2019, 3:26 p.m.

Optimism over U.S.-China trade talks boosts stocks again

Stocks extended their gains in afternoon trading on Wall Street Wednesday as investors remained optimistic that the U.S. and China will make more progress in resolving their costly trade dispute.

UPDATED: Wed., Feb. 13, 2019, 7:15 p.m.

Auto reliability up, but battery, shifting problems persist

Automobiles are getting more reliable, but J.D. Power’s annual survey finds problems with battery failures, transmission shifting and voice recognition systems.

UPDATED: Tue., Feb. 12, 2019, 5:50 p.m.

Fed Chairman Powell says prosperity not felt in all areas; economy doesn’t face elevated recession risks

Federal Reserve Chairman Jerome Powell does not feel the probability of a recession “is at all elevated,” and that the country is continuing to see solid economic growth.

UPDATED: Tue., Feb. 12, 2019, 5:16 p.m.

U.S. job openings jump to record high of 7.3 million

U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing …

Instagram changes rules on self-harm postings after suicide

Instagram has agreed to ban graphic images of self-harm after objections were raised in Britain following the suicide of a teen whose father said the photo-sharing platform had contributed to …

UPDATED: Fri., Feb. 8, 2019, 6:50 p.m.

Late burst of buying on Wall Street leaves indexes mixed

U.S. stock indexes stemmed an early slide Friday, finishing mostly higher and nudging the benchmark S&P 500 index to its second weekly gain in a row.

UPDATED: Thu., Feb. 7, 2019, 5:02 p.m.

Johnson & Johnson will list drug prices in TV commercials

Johnson & Johnson says it will start giving the list price of its prescription drugs in television ads. The company would be the first drugmaker to take that step.

UPDATED: Fri., Feb. 8, 2019, 4:27 p.m.

Some restaurants sit out the third-party food delivery boom

Food delivery services like Uber Eats and Grubhub are taking off like a rocket. But some restaurants aren’t on board.

UPDATED: Wed., Feb. 6, 2019, 7:31 p.m.

Apple stores have lost their luster, critics say

Apple is not just a giant of technology, it has also grown into one of the biggest American retailers, with more than 500 stores across five continents. But the shine …

Fisher-Price recalls Power Wheels Barbie Campers

Fisher-Price is voluntarily recalling about 44,000 Children’s Power Wheels Barbie Dream Campers because they can keep running after the foot pedal is released.

UPDATED: Wed., Feb. 6, 2019, 6:35 p.m.

Financial watchdog proposes rollback of payday lending rules

The nation’s federal financial watchdog said Wednesday that it plans to roll back most of its consumer protections governing payday lenders.

U.S. service firms grew at slower pace in January

U.S. service companies grew in January at the slowest pace in six months, amid concern over the impact of the partial government shutdown on the economy.

UPDATED: Tue., Feb. 5, 2019, 5:52 p.m.

Window, door maker Jeld-Wen announces plans to close Yakima plant; 180 jobs affected

Window and door manufacturer Jeld-Wen will close its Yakima plant in April, a move affecting nearly 180 employees.

UPDATED: Tue., Feb. 5, 2019, 1:51 p.m.

Lunar New Year allows U.S. companies to find prosperity too

As Asian-Americans across the U.S. mark the Lunar New Year on Tuesday, they can celebrate by eating Mickey Mouse-shaped tofu, sporting a pair of Year of the Pig-inspired Nike shoes …

UPDATED: Fri., Feb. 1, 2019, 6:55 p.m.

BP backs shareholder initiative on climate plan disclosure

Energy giant BP plans to release more information about how new energy exploration and production projects would affect its pledge to reduce greenhouse gas emissions, the company said Friday in …

Starbucks faces tricky time as ex-CEO mulls presidential run

For Starbucks, former CEO Howard Schultz is a hero – and a headache.

Outdoor retailers expand political fight with climate push

Two years after jumping into a fight with the Trump administration over public lands, the U.S. outdoor industry is turning up the political pressure – though its impact is difficult …

UPDATED: Thu., Jan. 31, 2019, 8:46 p.m.

How accurate are Zestimates? Zillow awards $1M to trio for improving them

Zillow’s estimate of a home’s value, called the Zestimate, can be powerful: Some homeowners track them like a stock, and when it gets to a certain point, they may decide …