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…
Asian shares fall after Wall St slips on grim economic news
Shares fell in Asia on Friday after a crush of dismal data about the economy helped send markets lower overnight in a meek ending to a historic, juggernaut month for stocks.
US mortgage rates at all-time lows; 30-year loan at 3.23%
WASHINGTON (AP) — Long-term mortgage rates tumbled to all-time lows this week as the economy and housing market continued to reel from the business and social shutdown spurred by the coronavirus pandemic.
Lebanese PM says Cabinet will seek IMF financial assistance
BEIRUT (AP) — Lebanon will seek a rescue deal from the International Monetary Fund after the government endorsed a five-year recovery plan to help the nation find a away out of an unprecedented financial crisis, th…
Visa 2Q profits up 3.6%, helped by more spending on network
Visa said Thursday that its fiscal second-quarter profits increased 3.6% from a year earlier, helped by growth in payments being processed over the company's namesake network.
Workers must risk infection or losing unemployment payments
ATLANTA (AP) — Some of the millions of American workers laid off because of the coronavirus are beginning to face a tough choice — return to work and risk infection, or stay home and risk losing unemployment paymen…
Apple pinched by pandemic; profit, iPhone sales decline
BERKELEY, Calif. (AP) — Apple's profit dipped slightly while revenues rose in the January-March quarter, reflecting early fallout from a coronavirus pandemic that shut down its factories and then forced hundreds of…
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Economic figures show grim toll in Europe and US from virus
NEW YORK (AP) — Bleak new figures Thursday underscored the worldwide economic pain inflicted by the coronavirus: The number of Americans filing for unemployment benefits has climbed past a staggering 30 million, wh…
With rural Kansas close to reopening, doctor remains nervous
TOPEKA, Kan. (AP) — Dr. Beth Oller would like Kansas to remain under
Molson Coors, Tapestry fall; Tesla, Facebook rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Work safety strike, virus lockdown protest set for May Day
LOS ANGELES (AP) — Essential workers will strike nationwide on May Day to demand safer conditions during the coronavirus outbreak, while other groups plan rallies against tight stay-at-home orders they say are crip…
2 more Ohio counties to be subject of another opioid trial
A judge has added claims from two Ohio counties against pharmacies to the growing list of trials on governments' claims that the drug industry should be held liable for the U.S. opioid epidemic.
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.
'And then, boom': Outbreak shows shaky ground as Texas opens
PARIS, Texas (AP) — Barely a week ago, rural Lamar County could make a pretty good argument for Texas' reopening on Friday.
Twitter stock slips amid pandemic-caused revenue uncertainty
OAKLAND, Calif. (AP) — Twitter's stock tumbled Thursday after the company failed to show that it's weathering the pandemic-borne digital advertising slump the same way its bigger rivals Facebook and Google are.