Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Insurance rates won’t go up in wake of 2026 wildfires
MOSES LAKE — Almost three-fifths of American homeowners have concerns about their insurance rates going up due to …
Wall Street closes higher on economic revival hopes
Stocks closed higher on Wall Street Wednesday, extending the market's gains into a third day on hopes for a coming economic revival as larger swaths of the country relax stay-at-home mandates imposed due to the cor…
OSHA: 3 willful violations led to plant blasts in Texas
HOUSTON (AP) — U.S. officials cited the owners of a Southeast Texas chemical plant where November blasts and fires injured three workers and caused widespread damage to the surrounding community.
Appeals court sides with tech giants in activists' lawsuit
A federal appeals court on Wednesday upheld the dismissal of a lawsuit that accused Twitter, Facebook and other tech giants of conspiring to stifle the political views of a far-right activist and a conservative non…
Fed report notes businesses less optimistic about economy
WASHINGTON (AP) — Businesses across the country surveyed by the Federal Reserve don’t appear to share the Trump administration's optimism about a rapid economic recovery starting this summer.
Canada judge rules Huawei CFO's extradition case can proceed
VANCOUVER, British Columbia (AP) — A Canadian judge ruled Wednesday the U.S. extradition case against a senior Huawei executive can proceed to the next stage, a decision that is expected to further harm relations b…
US communities face tough choices on opening public pools
MISSION, Kan. (AP) — Public pools will look very different this summer if they open at all with the coronavirus threat still looming, as staffers will be tasked with maintaining social distancing and spotting COVID…
AT&T, Walt Disney rise; Twitter, Amazon fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
PG&E's bankruptcy trial opens with attacks on voting process
BERKELEY, Calif. (AP) — An effort to block Pacific Gas and Electric's path out of bankruptcy kicked off Wednesday's trial on the plan in bankruptcy court as critics of the utility questioned whether the overwhelmin…
New York City now alone in state in keeping economy closed
NEW YORK (AP) — Long Island became the latest region of New York to begin easing some restrictions put in place to curb the spread of the coronavirus. Gov. Andrew Cuomo lobbied the president for help with transport…
Governor orders probe of failed dams that caused flooding
West Bloomfield, Mich. (AP) — Gov. Gretchen Whitmer on Wednesday demanded an investigation to determine what caused two dams in central Michigan to fail, leading to devastating floods in several communities and for…
Fed report notes sharp virus-related drop in economy
WASHINGTON (AP) — The Federal Reserve detailed Wednesday what most of the nation is already acutely aware of: Economic activity fell sharply around the country in April and May as measures to combat the spread of t…
Sporting goods industry hit or miss during pandemic
GILBERT, Ariz. (AP) — Brian Morris faced a difficult scenario when the coronavirus pandemic started leading to shutdowns across the nation.
Nevada casinos to reopen; America can't get enough pizza
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of t…
French lawmakers endorse the country's virus tracing app
PARIS (AP) — France's lower house of parliament endorsed Wednesday a contact-tracing app designed to contain the spread of the coronavirus amid sharp debate over privacy concerns.
Board suspends budget cuts for struggling Puerto Rico
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico’s finances approved a revised fiscal plan on Wednesday that temporarily suspends all budget cuts and anticipates the island’s projected…