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Losses mount for oil companies as pandemic grips economy
NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity.
Losses mount for oil companies as pandemic grips economy
NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity.
Losses mount for oil companies as pandemic grips economy
NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity.
Losses mount for oil companies as pandemic grips economy
NEW YORK (AP) — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity.
Los Angeles restaurants win court battle over closures
LOS ANGELES (AP) — Los Angeles County's health director acted “arbitrarily” and didn't prove the danger to the public when she banned outdoor dining at restaurants as coronavirus cases surged last month, a judge ruled Tuesday in a case other businesses may use to try to overturn closures and restrictions.
Los Angeles restaurants win court battle over closures
LOS ANGELES (AP) — Los Angeles County's health director acted “arbitrarily” and didn't prove the danger to the public when she banned outdoor dining at restaurants as coronavirus cases surged last month, a judge ruled Tuesday in a case other businesses may use to try to overturn closures and restrictions.
Residential pops, commercial drops
As we have explored in previous articles, the residential real estate market has been extremely strong in 2020, and it shows no sign of slowing down, even with limited inventory and very high prices.
Banks, energy companies lead stocks higher on Wall Street
Wall Street extended its recent run of gains Tuesday, despite a late stumble that nearly wiped out the stock market's gains for the day.
Stocks rise on jobs data, S&P 500 ends week with solid gain
NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the U.S. job market continues to climb out of the crater created by the coronavirus pandemic.
Biden hammers Trump for handling of COVID-19 pandemic
WILMINGTON, Delaware (AP) — Democratic presidential candidate Joe Biden on Tuesday blistered President Donald Trump for his handling of the coronavirus pandemic as he tries to demonstrate to voters how he’d handle the public health and economic crisis if he were in the White House. Biden accused Trump of “waving the white flag” and refusing to lead the country through a pandemic that has killed 125,000 Americans and led to Depression-level unemployment. “Despite the administration’s propaganda that their response should be a cause for celebration, despite President Trump’s request that we should slow down, testing because he thinks that makes it look bad, COVID-19 is still here,” Biden said. “It didn’t have to be this way.” Biden said a national system of testing for the virus and tracing the exposure path of those who are diagnosed is necessary to restore enough confidence for businesses to reopen and consumers to re-engage in the economy. And he added that widespread use of masks and social distancing practices must be normal protocol for “foreseeable future,” and he warned that COVID-19 “will likely worsen” during the coming flu season. “We can’t continue half recovering, half getting worse,” Biden said. “We can’t continue half with a plan and half just hoping for the best. We can’t defeat this virus with a piecemeal approach.”
Basin rep:
Country of origin labeling 'a good thing'
Asian shares climb after S&P 500 record, despite virus woes
Shares started out the week on a strong footing after the Standard & Poors 500 hit a fresh high on Friday, with robust data from Japan and China fueling optimism over economic recoveries even as coronavirus caseloads surpass earlier records.
Rajapaksa brothers to get strong support in Sri Lanka polls
COLOMBO, Sri Lanka (AP) — Sri Lanka’s powerful, popular Rajapaksa brothers are likely to get strong support in parliamentary elections Wednesday that could add to their family political dynasty and their ability to amend the constitution – a prospect raising fears of weakening government institutions and the rule of law.
Montana lawmakers push for reauthorizing Keystone XL
President Joe Biden canceled the long-disputed pipeline project in one of many executive orders on his first day in office, angering Republican lawmakers who have derided his efforts to mitigate climate change as an attack on the U.S. energy sector.
The strategic defeat of labor: your government at work
The decline of organized labor, from more than 30 percent of non-farm, private-sector workers in the ’50s to around 6 percent today, is often presented as something that “just happened” — a spontaneous fact of nature beyond human control, like glaciation or asteroid strikes.
Generosity creates a lasting change
SANDPOINT — The words charity and philanthropy are often used interchangeably, however there is a difference between the two.
Stock indexes higher in afternoon trading
Retailers and consumer goods companies led U.S. stock indexes mostly higher in afternoon trading Friday as the market recouped some of its modest losses from a day earlier. Energy companies were the biggest laggard as the price of crude oil declined. Bond yields were hovering near their highest level in more than three years. Investors were monitoring developments in Washington ahead of a possible federal government shutdown this weekend.
Economy gets lift from government aid
WASHINGTON - A flurry of new data Friday showed the economy is improving - with temporary help from the government.
Congress wants review of market plunge
Legislators want high-tech trading monitored
WASHINGTON (AP) - Lawmakers are trying to learn the causes of the drastic stock market sell-off to ensure that high-tech trading is monitored and average investors are protected in the wilds of Wall Street.