Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
'It begins with integrity'
MOSES LAKE — When Simon Ribellia started painting homes at age 15, he wasn't planning on making it a full-time car…
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
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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.
Asia Today: Indonesian capital partly reopens after lockdown
JAKARTA, Indonesia (AP) — Restrictions in Indonesia’s capital were partly relaxed on Monday after two months of lockdown, as the world’s fourth most populous nation gradually reopens its economy.
Facebook removes nearly 200 accounts tied to hate groups
Facebook has removed nearly 200 social media accounts linked to white supremacy groups that planned to encourage members to attend protests over police killings of black people — in some cases with weapons, company…
New jobs report diminishes GOP appetite for more virus aid
WASHINGTON (AP) — A stronger than expected
Citing jobs, Trump claims victory over virus, econ collapse
WASHINGTON (AP) — President Donald Trump effectively claimed victory over the economic crisis and COVID-19 on Friday as well as major progress against racial inequality, heartily embracing a better-than-expected jo…
This week: Budget deficit, Fed meeting, Macy's earnings
A look at some of the key business events and economic indicators upcoming this week:
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
Zuckerberg-funded scientists: Rein in hate on Facebook
BOSTON (AP) — Dozens of scientists doing research funded by Mark Zuckerberg say Facebook should not be letting President Donald Trump use the social media platform to “spread both misinformation and incendiary stat…