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…
India's financial center strains from virus amid rescue plan
NEW DELHI (AP) — As Indians await details of a huge coronavirus relief package Prime Minister Narendra Modi has announced to jump-start the economy, the virus outbreak in the financial capital of Mumbai and elsewhe…
Pelosi unveils $3T virus bill, warns inaction costs more
WASHINGTON (AP) — House Speaker Nancy Pelosi unveiled a more than $3 trillion
Virus consipracy-theory video shows challenges for big tech
CHICAGO (AP) — One by one, tech companies across Silicon Valley scrambled to take down a slickly produced video of a discredited researcher peddling a variety of conspiracy theories about the coronavirus.
Australia faces 'sobering' future economy due to coronavirus
CANBERRA, Australia (AP) — Australia's treasurer said Tuesday the country faces a “sobering” economic outlook due to the effects of the coronavirus and will have its largest-ever deficit when a revised budget is re…
Musk becomes champion for businesses defying shutdown orders
At the Fit4All Gym in Lebanon, Illinois, owner David Tate considers Elon Musk a huge ally in the fight against government coronavirus orders that Tate says are driving him into the poorhouse.
House rescue package includes $25 billion for Postal Service
WASHINGTON (AP) — A new coronavirus aid package released Tuesday by House Democrats includes $25 billion for the cash-strapped U.S. Postal Service, which could run out of money by the end of September without a tax…
UK on course for 'significant' recession after March slump
LONDON (AP) — The U.K. government warned Wednesday of a “significant” recession after official figures showed the economy shrank 2% in the first quarter of the year even though it included just one week of the coro…
Couples turn to `minimonies' to salvage wedding plans
NEW YORK (AP) — Couples trying to salvage weddings put on hold by the coronavirus are feeding a fresh trend in the bridal industry: the “minimony."
How major US stock indexes fared Tuesday
Stocks closed broadly lower on Wall Street Tuesday, erasing some of the market's gains from last week.
Facebook to pay moderators $52M for psychological damages
Facebook has agreed to pay $52 million to its content moderators whose job has them viewing graphic and disturbing posts and videos on its platforms.
Asia Today: New Zealand has no new cases for 2nd day
BANGKOK (AP) — New Zealand reported zero new cases of the coronavirus on Wednesday, the second day in a row without any new cases and the fourth day since early last week.
World's biggest shipper expects 25% drop in container demand
COPENHAGEN, Denmark (AP) — The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, said Wednesday that it expects its transport volumes to drop by up to 25% in the second quarter as the world economy sl…
Fauci warns: More death, econ damage if US reopens too fast
WASHINGTON (AP) — The U.S. government’s top infectious disease expert issued a blunt warning Tuesday that cities and states could “turn back the clock” and see more COVID-19 deaths and economic damage alike if they…
Virus unleashes wave of fraud in US amid fear and scarcity
WASHINGTON (AP) — A 39-year-old former investment manager in Georgia was already facing federal charges that he robbed hundreds of retirees of their savings in a Ponzi scheme when
AP Courtside: Telephone arguments on Trump's taxes run long
WASHINGTON (AP) — The Supreme Court is holding its second week of arguments by telephone because of the coronavirus pandemic, hearing