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…
Forbidden City, parks in Chinese capital reopen to public
BEIJING (AP) — Beijing’s parks and museums including the ancient Forbidden City reopened to the public Friday after being closed for months by the coronavirus pandemic.
Dow Inc.: 1Q Earnings Snapshot
MIDLAND, Mich. (AP) — Dow Inc. (DOW) on Thursday reported first-quarter earnings of $239 million.
Fed expands Main Street Lending Program for businesses
WASHINGTON (AP) — The Federal Reserve announced Thursday that it was expanding a major lending program to provide support for businesses struggling to cope with the economic disruptions caused by the coronavirus pa…
Pork producer says it needs flexibility on virus guidelines
O'FALLON, Mo. (AP) — The world's largest pork producer told a judge in Missouri on Thursday that it was working as quickly as it can to comply with federal guidelines that seek to slow the spread of the coronavirus…
Turkey sends 2nd consignment of medical supplies to US
ANKARA, Turkey (AP) — A second Turkish military plane took off from an air base near Ankara on Thursday carrying more medical aid to the United States which has been hit hard by the coronavirus pandemic.
Airline nosedive: American, United post huge pandemic losses
DALLAS (AP) — American Airlines and United Airlines lost a combined $4 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airlines are busy borrowing enough money…
Puerto Rico to partially reopen despite coronavirus concerns
SAN JUAN, Puerto Rico (AP) — Puerto Rico is taking its first tentative steps in relaxing a nearly two-month lockdown for the coronavirus pandemic, while health experts warn that the U.S. territory is relying on fau…
GOP lawmakers reject Michigan's virus order; Whitmer unfazed
LANSING, Mich. (AP) — The Republican-led Michigan Legislature refused Thursday to extend the state's coronavirus emergency declaration and voted to authorize a lawsuit challenging Democratic Gov. Gretchen Whitmer's…
Trump says US can never declare 'total victory' over virus
WASHINGTON (AP) — President Donald Trump said Thursday that he believes the U.S. can never declare “total victory” over the coronavirus because too many people have died. But he added that he will count it a win wh…
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…
Airline nosedive: American, United post huge pandemic losses
DALLAS (AP) — American Airlines and United Airlines lost a combined $4 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airlines are busy borrowing enough money…
Virus-related delays for Universal parks in Florida, Japan
ORLANDO, Fla. (AP) — The company that owns Universal theme parks around the world said it's delaying construction on a fourth theme park in Florida and that the opening of a Nintendo-themed park in Japan will be pu…
Georgia beer named after virus expert Fauci enjoys a 2nd run
AVONDALE ESTATES, Ga. (AP) — The thirst for the beer named after Dr. Anthony Fauci continues to grow.
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…
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.