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Monday, February 18, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: national-business

UPDATED: Wed., Jan. 2, 2019, 1:42 p.m.

Tesla cuts prices as 4Q deliveries miss analysts’ estimates

Shares of electric car and solar panel maker Tesla Inc. tumbled Wednesday morning after the company cut vehicle prices by $2,000 and announced fourth-quarter sales figures that fell short of …

UPDATED: Tue., Jan. 1, 2019, 9:31 p.m.

Tri-City company awarded $152 million Hanford contract

The Department of Energy has awarded a Hanford contract valued at up to $152 million to a Kennewick company.

UPDATED: Tue., Jan. 1, 2019, 9:41 p.m.

Hawaii avocado industry expects growth as exports begin

Shipments of Sharwil avocados from Hawaii and their resulting profits could expand exponentially in coming years, industry officials said.

Get ready for ‘explosive’ grain market as shutdown quiets USDA

As the partial U.S. government shutdown enters its second week, the lack of data from the U.S. Department of Agriculture is sending market participants to Twitter and other sources to …

Mega Millions jackpot swells to $415 million for New Year’s Day drawing

It’s been a record-breaking, memory-making year for Mega Millions. Yet as 2018 closes, the lottery game is bringing on 2019 with a bang.

UPDATED: Mon., Dec. 31, 2018, 8:10 p.m.

Markets stage late rally but 2018 decline still worst in a decade

U.S. markets trimmed 2018 losses in a Monday rally, but it was not enough to prevent the worst yearly decline for stocks since 2008.

Tesla names two new directors

Tesla announced two new independent directors Friday, naming Oracle founder Larry Ellison and Kathleen Wilson-Thompson, a Walgreens Boots Alliance executive, to its board.

In Cornwall, shortage of pub hands shows the future of work after Brexit

Cornwall, the southwest peninsula of Britain, is struggling to find enough bartenders to serve the millions who flock to the rocky coastline every year. This gets to the heart of …

Canada battery maker says flow storage costs to tumble by half

CellCube Energy Storage Systems Inc., a Canada-listed maker of batteries that can last for as long as two decades, said the cost of its technology may halve within four years, …

UPDATED: Mon., Dec. 24, 2018, 6:19 p.m.

Walmart heirs promote charter schools among black community

Amid fierce debate over whether charter schools are good for black students, the heirs to the Walmart company fortune have been working to make inroads with advocates and influential leaders …

Looking for a socially-conscious holiday gift? You may have to decide between principles and price.

Byrne’s conundrum is one shared by shoppers wanting to support eco-friendly, social-justice oriented or politically-savvy brands without breaking the bank. Especially around the holidays, retailers make a point of promoting …

UPDATED: Sun., Dec. 23, 2018, 9:49 p.m.

WeWork keeps pushing. Now landlords and rivals are pushing back.

WeWork Cos. is increasingly stepping on the turf of landlords and real estate brokers – and the industry is starting to push back.

Strength in U.S. growth at end of year likely to fade in 2019

The Commerce Department estimated Friday that the economy, as measured by the gross domestic product, grew at a brisk 3.4 percent annual percent rate in the July-September quarter. That

UPDATED: Thu., Dec. 20, 2018, 5:45 p.m.

Dow sinks another 400 points as slowdown fears worsen

Stocks went into another slide in what is shaping up as the worst December on Wall Street since the depths of the Great Depression.

UPDATED: Thu., Dec. 20, 2018, 3:48 p.m.

Human rights group report gains traction, Twitter hammered

A report on Twitter by the human rights group Amnesty International is gaining traction and the company’s shares were punished Thursday, suffering one of their worst declines this year.

UPDATED: Thu., Dec. 20, 2018, 8:23 p.m.

Cycling app Zwift gets $120 million in esports push

Zwift, a company that gives cyclists the opportunity to compete in virtual-reality races, has raised $120 million to help them set up an esports league and further their expansion into …

Fox News host Tucker Carlson continues to shed advertisers following immigration comments

Fox News host Tucker Carlson continues to lose advertisers following comments he made on air last week that allowing certain immigrants to enter the United States “makes our own country …

UPDATED: Wed., Dec. 19, 2018, 7:33 p.m.

D.C. sues Facebook over Cambridge Analytica privacy scandal

The District of Columbia sued Facebook on Wednesday for allowing data-mining firm Cambridge Analytica to improperly access data from as many as 87 million users.

Trump Foundation reaches deal to dissolve amid lawsuit

President Donald Trump’s charitable foundation reached a deal Tuesday to dissolve while Trump fights allegations he misused assets for business and political purposes.

UPDATED: Tue., Dec. 18, 2018, 6:39 p.m.

Elon Musk to unveil underground tunnel, transport cars

Tech entrepreneur Elon Musk is set to unveil an underground transportation tunnel on Tuesday that could move people faster than subways.

UPDATED: Mon., Dec. 17, 2018, 7:32 p.m.

Dow Jones industrials take second straight 2-percent plunge

Another day of big losses knocked U.S. stocks to their lowest levels in more than a year Monday. Investors dumped high-growth technology and retail companies as well as steadier, high-dividend …

After the Fed’s likely rate hike this week, all bets are off

On Wednesday, the Fed is set to announce its fourth rate hike of the year. But after this week, no one is sure what it will do. Neither, most likely, …

Motley Fool: Google this stock

If you’re searching for a strong and growing company with a stock that isn’t terribly overvalued right now, take a look at Google parent company Alphabet

UPDATED: Fri., Dec. 14, 2018, 6:41 p.m.

Costco posts strong results but faces margin scrutiny

At first glance, Costco’s latest quarterly earnings look like the kind of results that would be the envy of any young, fast-growing company. The 35-year-old Issaquah-based retailer grew sales 10.2 …

UPDATED: Thu., Dec. 13, 2018, 8:43 p.m.

Apple to build new Austin hub, expand in other tech hotbeds

Apple will build a $1 billion campus in Austin, Texas,expand smaller locations in Seattle, San Diego and Culver City, California, and over the next three years grown in Pittsburgh, New …

UPDATED: Wed., Dec. 12, 2018, 8:19 a.m.

Verizon takes $4.6B charge on internet ventures

Shares of Verizon slipped before the opening bell Wednesday with the company taking a $4.6 billion hit on what’s become an expensive internet foray that’s never panned out.

UPDATED: Mon., Dec. 17, 2018, 7:32 p.m.

Silicon Valley East: Google plans $1B expansion in New York

Google is planning a major expansion in New York City, announcing Monday it will spend more than $1 billion on a new office complex that will allow the internet search …

Blake Nordstrom discloses cancer diagnosis, plans to keep working through treatment

Blake Nordstrom, co-president of the Seattle-based retailer that bears his family name, disclosed Monday he has been diagnosed with lymphoma.

Sears seeks offers on stores Lampert needs for turnaround

Sears Holdings is shopping around its stores, looking to gauge what they’re worth in the open market while it weighs Chairman Eddie Lampert’s $4.6 billion bid to buy the entire …

UPDATED: Mon., Dec. 10, 2018, 11:38 a.m.

U.S. automakers urge Trump to push hard to open Japanese market

A trade group representing U.S. automakers urged the Trump administration to hold off further opening the American market to Japanese cars until Tokyo shows it’s committed to returning the favor.