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 …
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…
US Steel expects to lay off 2,700 as virus reduces demand
PITTSBURGH (AP) — U.S. Steel expects to lay off roughly 2,700 employees as the demand for iron and steel drops during the coronavirus pandemic, the company said.
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.