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…
Captive neighbors seek relief from Amazon construction noise
ARLINGTON, Va. (AP) — Amazon deliveries may be delayed for some folks because of the coronavirus, but construction of Amazon’s new Virginia headquarters is moving right along, with piledriving work so loud it's dri…
Lebanese protest despite government's economic rescue plan
BEIRUT (AP) — Hundreds of Lebanese rallied Friday outside the central bank in Beirut and elsewhere in the country, a day after the prime minister said he will seek a rescue program from the International Monetary F…
US manufacturing falls in April as virus ravages economy
WASHiNGTON (AP) — U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak.
Out-of-work trainers hope gyms can make gains after pandemic
NEW YORK (AP) — During a normal week, fitness instructor Jason Tran would dart among grueling group spin classes, high-intensity interval training sessions at boutique studios in Manhattan and an occasional one-on-…
NASA begs spectators for astronaut launch: Please stay home!
CAPE CANAVERAL, Fla. (AP) — NASA and SpaceX on Friday urged spectators to stay home for the first home launch of astronauts in nearly a decade because of the coronavirus pandemic.
Healthy pigs being killed as meatpacking backlog hits farms
DES MOINES, Iowa (AP) — After spending two decades raising pigs to send to slaughterhouses, Dean Meyer now faces the mentally draining, physically difficult task of killing them even before they leave his northwest…
Immigrants, hard hit by economic fallout, adapt to new jobs
NEW YORK (AP) — Ulises García went from being a waiter to working at a laundromat. Yelitza Esteva used to do manicures and now delivers groceries. Maribel Torres swapped cleaning homes for sewing masks.
Blue Bell pleads in ice cream listeria case; ex-CEO charged
AUSTIN (AP) — A Texas ice cream company has pleaded guilty to distributing contaminated goods and its former CEO has been charged with conspiracy and attempted wire fraud in connection to a 2015 listeria outbreak t…
US allows use of 1st drug shown to help virus recovery
WASHINGTON (AP) — U.S. regulators on Friday allowed emergency use of the first drug that appears to help some COVID-19 patients recover faster, a milestone in the global search for effective therapies against the c…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose 94 cents, or 5%, to close at $19.78 a barrel Friday. Brent crude oil, the international standard, fell 4 cents, or 0.2%, to $26.44 a barrel.
Business Highlights
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Iraq's revenues plummet, raising fears of economic collapse
BAGHDAD (AP) — Iraq's revenues plummeted in April amid a historic oil price crash, the Oil Ministry said Friday, raising concerns over how the country will cope severe financial shortfalls while struggling to conta…
Stocks slide as Amazon, other companies detail virus fallout
Stocks closed broadly lower on Wall Street Friday after Amazon and other big companies reported disappointing results, the latest evidence of how the coronavirus pandemic is hobbling the economy and hurting corpora…
Asia Today: Japan debuts robots at hotels for virus patients
BANGKOK (AP) — Robot staff debuted at a Tokyo hotel used for mildly sick coronavirus patients under a new plan to free up beds at hospitals overburdened with more severe cases.
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.