Business - Page 263

Inland Northwest startups honored at Ignite Northwest’s annual 25+5 event

Some of the Inland Northwest’s fastest-growing and innovative startups were honored at the second annual 25+5 event Thursday evening. The 25+5 event, hosted by...

Former Treasury secretary warns Fed may be forced to raise interest rates

Former U.S. Treasury Secretary Lawrence Summers warned that the Federal Reserve will likely be pressured into raising interest rates sooner than markets expect, and...

China's hunger fuels demand for soy beans, corn and wheat

Relentless Chinese demand and a recovery from the global pandemic will mean smaller-than-expected U.S. stockpiles of corn, wheat and soybeans. Reserves at the end...

Amazon confirms fulfillment center in Spokane Valley; new facility will employ more than 1,000

After months of speculation, Amazon hasconfirmed it will open a fulfillment center in Spokane Valley that the company says will bring 1,000 new full-time...

January home construction falls 6%; signs of rebound ahead

WASHINGTON — U.S. home construction fell 6% in January but applications for building permits, which typically signal activity ahead, rose sharply. The decline pushed...

Stocks move lower on Wall Street, Treasury yields climb

Stocks were broadly lower in morning trading on Thursday, as investors were discouraged by economic data that showed continuing pain for recession-impacted Americans as...

Lawmakers face off with GameStop saga's key players

WASHINGTON — Key players in the GameStop saga are testifying to a House committee Thursday. Lawmakers are examining whether the wild swings in the...

In Australia, Google makes publisher deals, Facebook walks

CANBERRA, Australia – Google is striking deals in Australia to pay for journalism, but Facebook is vowing to restrict news sharing as Australian lawmakers...

Boeing says 2 directors are leaving as board faces scrutiny

CHICAGO — Boeing said Wednesday that two of its directors are retiring, a sign of further change on the company’s board as it faces...

U.S. retail sales jumps 5.3%, thanks to $600 stimulus checks

NEW YORK — Those $600 stimulus checks got Americans shopping again. After three months of declines, retail sales soared a seasonally adjusted 5.3% in...

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