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…
Wall Street-owned loans tricky for hoteliers in virus era
ORLANDO, Fla. (AP) — Hotel owner and developer Danny Gaekwad survived steep drops in business after the 9/11 attacks and the recession of the late 2000s, but nothing prepared him for the revenue tailspin that follo…
Rite Aid 1Q loss shrinks, helped by pandemic-inspired sales
Customers pumped up Rite Aid sales of sanitizers, wipes and liquor, helping the drugstore chain deliver a better-than-expected first-quarter performance.
Pandemic forces some patients to phone in doctor visits
Video telemedicine took off earlier this year as the coronavirus paused in-person doctor visits. Earl Egner missed that trend.
Pandemic takes a bite, Chuck E. Cheese files for bankruptcy
Chuck E. Cheese - where kids could be kids while parents nursed headaches - is filing for bankruptcy protection.
Official: US might help others buy non-Huawei telecom gear
BEIJING (AP) — The United States is willing to help other countries finance purchases of next-generation telecom technology from Western providers so they can avoid Chinese tech giant Huawei, which Washington sees …
Pandemic throws Greece’s budget off-target, hurts recovery
ATHENS, Greece (AP) — Greece's budget deficit has widened due to the effects of the coronavirus pandemic, which has slammed the key tourism sector and is pushing the country into recession.
Report highlights risks for container ships in Wadden Sea
THE HAGUE, Netherlands (AP) — A Dutch safety watchdog said Thursday that it is “undesirable” for large container ships to use a shipping route through an environmentally sensitive, shallow sea off the coast of the …
Orders for US big-ticket factory goods shot up 15.8% in May after plunging in April
WASHINGTON (AP) — Orders for US big-ticket factory goods shot up 15.8% in May after plunging in April.
Orders for US big-ticket factory goods surge 15.8% in May
WASHINGTON (AP) — Orders to American factories for big-ticket goods rebounded last month from a disastrous April and March as the U.S. economy began to slowly reopen.
Sustainable funds hold their own as markets tumble worldwide
NEW YORK (AP) — A steadier and more sustainable way to invest. That’s how a growing cadre of fund managers pitch their approach, one that considers how companies perform on environmental, social and governance issu…
Indonesia surpasses 50,000 virus cases as business resumes
JAKARTA, Indonesia (AP) — The number of coronavirus cases in Indonesia surpassed 50,000 on Thursday, an increase that is worrying experts at a time when the government is allowing businesses to reopen amid increasi…
US economy shrank at 5.0% rate in Q1; a much worse drop expected in current quarter due to pandemic
WASHINGTON (AP) — US economy shrank at 5.0% rate in Q1; a much worse drop expected in current quarter due to pandemic.
1.48 million laid-off workers seek US jobless aid, a 12th straight weekly drop, even as virus threat intensifies
WASHINGTON (AP) — 1.48 million laid-off workers seek US jobless aid, a 12th straight weekly drop, even as virus threat intensifies.
US GDP fell at 5.0% rate in Q1; worse is likely on the way
WASHINGTON (AP) — The U.S. economy shrank at a 5.0% rate in the first quarter and a vastly worse performance is expected in the current three-month period, when the coronavirus pandemic began to spread across the U…
Google to start paying some news publishers for content
LONDON (AP) — Google says it will start paying some publishers for their news content, in a move that could pave the way for reduced tensions between the internet search giant and the beleagured news industry.