Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Innovation rewarded at Flywheel Investment Conference
WENATCHEE — Seattle startup Optimly swept the top awards at the 2026 Flywheel Investment Conference in Wenatchee, …
Reddit co-founder leaves board, urges black replacement
Reddit co-founder Alexis Ohanian announced his resignation from the board of the social media site and urged the board to replace him with a black candidate.
Fire destroys Southern California warehouse linked to Amazon
LOS ANGELES (AP) — A fire early Friday destroyed a Southern California distribution facility that was used to ship items to Amazon customers. Authorities said employees got out and there were no reports of injuries.
Bloodied store manager describes life in the age of COVID-19
For weeks Samantha Clarke calmly listened to the insults and threats directed daily at her and her employees by people who learned they couldn't enter the Modesto, California, store without wearing a mask and follo…
US unemployment drops unexpectedly to 13.3% amid outbreak
WASHINGTON (AP) — U.S. unemployment
How major US stock indexes fared Friday
Stocks jumped Friday after a report said the U.S. job market surprisingly strengthened last month, bolstering hopes that the worst of the recession may have already passed.
Government job losses are piling up, and it could get worse
Jobs with state and city governments are usually a source of stability in the U.S. economy, but the financial devastation wrought by the coronavirus pandemic has forced cuts that will reduce public services — from …
US will allow limited flights by Chinese airlines, not a ban
The Trump administration said Friday it will let Chinese airlines operate a limited number of flights to the U.S., backing down from a threat to ban the flights.
Idaho offers $1,500 bonus for people to return to work
BOISE, Idaho (AP) — Idaho residents on unemployment could receive a one-time bonus of up to $1,500 to return to work under a plan Gov. Brad Little announced Friday.
OPEC, allied nations extend nearly 10M barrel cut by a month
DUBAI, United Arab Emirates (AP) — OPEC and allied nations agreed Saturday to extend a production cut of nearly 10 million barrels of oil a day through the end of July, hoping to encourage stability in energy marke…
Virus exposes sharp economic divide: College vs. non-college
BALTIMORE (AP) — For an American workforce under continuing threat from the coronavirus, the best protection might just be a college degree.
Wall Street's rally zooms higher after surprise gain in jobs
For weeks, critics said Wall Street’s big rally made no sense when the economy seemed set for only more despair. On Friday, it got a bit of validation.
President Donald Trump takes action to allow commercial fishing at marine conservation area off New England coast
BANGOR, Maine (AP) — President Donald Trump takes action to allow commercial fishing at marine conservation area off New England coast.
Business Highlights
___
With recovery of last case, New Zealand has eradicated virus
WELLINGTON, New Zealand (AP) — New Zealand appears to have completely eradicated the coronavirus — at least for now — after health officials said Monday the last known infected person had recovered.
Japan says economy contracted less than earlier reported
TOKYO (AP) — Japan reported Monday that its economy contracted at an annual rate of 2.2% in January-March, less than initially estimated.