Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Horizon employees give back to community
MOSES LAKE — The team at Horizon Credit Union took some time away from the office Tuesday to tackle a different li…
Lebanon’s plea to skeptical expats: Come visit, bring cash
BEIRUT (AP) — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese expatriates will return for the summer — and bring dollars desperately neede…
FedEx reports a loss, but revenue tops Street expectations
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping.
Mexico's legacy airline Aeromexico files for bankruptcy
MEXICO CITY (AP) — Mexico’s oldest legacy airline, Aeromexico, said Tuesday it has filed for Chapter 11 reorganization, a form of bankruptcy in which the carrier can keep operating while its debts and obligations a…
The Latest: SKorea weighs listing churches as 'high risk'
SEOUL, South Korea -- South Korea is considering including religious facilities on the same list with nightclubs, hostess bars and karaoke rooms as “high risk” venues for the spread of COVID-19 following a slew of …
Senate extends small business coronavirus relief program
WASHINGTON (AP) — Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus…
Japanese manufacturers' sentiments at low unseen since 2009
TOKYO (AP) — Japanese manufacturers' sentiments have plunged to the lowest level in more than a decade, a quarterly Bank of Japan survey showed Wednesday as the coronavirus pandemic crushes exports and tourism, the…
FedEx reports a loss, but revenue tops Street expectations
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street expectations as the virus pandemic continues to fuel a boom in online shopping.
Doctors urge GOP to halt Texas convention as virus surges
AUSTIN, Texas (AP) — As the Texas GOP presses ahead with plans for a July convention amid a surge in coronavirus cases, the state's largest medical group Tuesday urged the party to reconsider before Republican acti…
Appeals court panel weighs Wilmington Trust convictions
DOVER, Del. (AP) — Attorneys representing former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program have asked a federal appeals court panel t…
How major US stock indexes fared Tuesday
Stocks rose Tuesday as Wall Street closed out its best quarter since 1998.
UAW, prosecutor consider a monitor for avoiding corruption
DETROIT (AP) — A federal prosecutor and the United Auto Workers president are looking at using an independent monitor to make sure that a wide-ranging union corruption scandal never happens again.
Adidas HR head resigns as company addresses diversity issues
NEW YORK (AP) — The head of global human resources at sports apparel and shoe company Adidas resigned Tuesday following criticism from employees of what they see as the company's failure to diversify its workforce.
Bloom Energy, Conagra rise; Boeing, Genworth fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday.
Stocks close out best quarter since 1998 with more gains
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge.
UK allows e-scooter rentals to aid transport in pandemic
LONDON (AP) — Britain gave the green light Tuesday for trials of electric scooter rental programs, as authorities look for ways to help people get moving while maintaining distance and easing pressure on public tra…