Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Moses Lake SGL plant waiting for buyer
MOSES LAKE — The SGL plant in Moses Lake is for sale, and proposals to buy it are due this week. Basin Ag Sales is…
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.
House panel wants Bezos to testify in antitrust probe
WASHINGTON (AP) — House lawmakers
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 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.
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…
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…
Ryanair to cut up to 3,000 jobs, May Day looks different
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.
U.S. construction spending up 0.9% in March, beating expectations
WASHINGTON (AP) — U.S. construction spending up 0.9% in March, beating expectations.
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-…
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.
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.
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.
Ryanair to cut up to 3,000 jobs, robots helping patients
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.
Chevron turns a profit but warns of pain ahead
NEW YORK (AP) — Chevron turned a profit in the first quarter. But the company warned its financial picture is likely to be depressed in the future because of reduced demand caused by the coronavirus.
Bangladesh factories resume work, risking new virus cases
DHAKA, Bangladesh (AP) — Bangladesh has reopened hundreds of its garment factories this week after nearly one month of closures to fight the coronavirus pandemic in a move critics say risks igniting a sharp increas…