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 …
How major US stock indexes fared Friday
Stocks closed lower on Wall Street Friday, giving up their gains for the week, after Amazon and other big companies laid out how the coronavirus pandemic is hitting their bottom lines.
Virus delays prison time for Hot Pockets heir, ex-CEO
An heir to the Hot Pockets fortune and a former investment executive who participated in the college admissions cheating scheme won't get to serve their punishments at home, but they can delay going to prison until…
Buffett's firm reports nearly $50B loss as investments drop
OMAHA, Neb. (AP) — Warren Buffett’s company reported a nearly $50 billion loss on Saturday because of a huge drop in the paper value of its investments, though the company is still sitting on a huge pile of cash.
House panel wants Bezos to testify in antitrust probe
WASHINGTON (AP) — House lawmakers
Exxon profits drop as most of world stays home, forgoes fuel
NEW YORK (AP) — Profits fell at Exxon Mobil and Chevron warned of tough times ahead as the global pandemic began to erode oil demand.
Amazon, Exxon Mobil fall; Clorox, Moderna rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
US agency finds no apparent air bag defect in older GM cars
DETROIT (AP) — After a probe that took over six years, U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans.
Back to work, owners make changes so workers feel safe
NEW YORK (AP) — Before the coronavirus outbreak, furniture deliveries at Sunnyland Outdoor Living meant two employees sitting side-by-side in a truck. Now, one will be driving the truck while the second follows in …
May Day marks pain, not celebration for workers hit by virus
JAKARTA, Indonesia (AP) — May Day usually brings both protest rallies and celebrations rallies marking international Labor Day. This year, many in Asia are shut up at home, riding out the coronavirus pandemic.
Cleaners risk health to work during pandemic, then lose jobs
Lissette Serrano asked for a mask while she did her job cleaning toilets and picking up trash at a busy rest stop on a Connecticut parkway. She was told there were none.
Sale of internet's dot-org suffix nixed after protests
NEW YORK (AP) — After widespread opposition, the organization overseeing internet domain names has voted against the $1.1 billion sale of the dot-org online registry to an investment firm.
Women, minorities shoulder front-line work during pandemic
NEW YORK (AP) — As America tentatively emerges from weeks of lockdowns, it is becoming clear that the pandemic has taken its toll on workers who have been on the front lines all along.
U.S. regulators allow emergency use of first drug shown to help coronavirus patients.
WASHINGTON (AP) — U.S. regulators allow emergency use of first drug shown to help coronavirus patients.
US construction spending increases 0.9% in March
WASHINGTON (AP) — U.S. construction spending edged up 0.9% in March as building activity escaped the early impacts of the coronavirus shutdowns.
Boeing says it won't seek government aid; an odd May Day
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.