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…
Smallest businesses get a few hours at head of loan line
NEW YORK (AP) — The smallest companies seeking coronavirus relief loans were moving to the head of the line Wednesday after the Small Business Administration said that for eight hours ending at midnight Eastern tim…
Laid-off US workers face foreign world of insurance shopping
Mass layoffs are pushing many Americans into an unfamiliar role: shopping for health insurance that isn’t offered by an employer.
Utah halts crime-detection deal over company's past KKK ties
SALT LAKE CITY (AP) — Utah’s attorney general has suspended a $20.7 million contract with a technology company using government surveillance data to develop a crime-detection program amid reports its founder once b…
Scrutinized malaria drug purchase to be refunded in Utah
SALT LAKE CITY (AP) — Utah will be refunded $800,000 it spent to buy malaria drugs once touted by President Donald Trump for treating the new coronavirus despite warnings from doctors, officials said Wednesday.
China's manufacturing weaker in April as virus hurts exports
BEIJING (AP) — China’s manufacturing activity weakened in April as the coronavirus pandemic clobbered global consumer demand, hampering Beijing’s efforts to revive the world’s second-largest economy, two surveys sh…
Facebook revenue growth slows, but 'signs of stability' rise
OAKLAND, Calif. (AP) — Facebook on Wednesday reported its slowest quarterly growth as a public company, pressured by the coronavirus pandemic and a resulting
As virus infections dwindle, Hong Kong protests gain steam
HONG KONG (AP) — Demonstrators chanted pro-democracy slogans in a luxury mall in Hong Kong on Wednesday, the latest in a string of small but determined protests as the city's coronavirus outbreak slows.
US pending home sales sank 20.8% in March
BALTIMORE (AP) — U.S. home sales showed signs of collapsing in March, as the number of contract signs plunged sharply because of the coronavirus outbreak.
South Korea investigating cause of fire after 38 workers die
SEOUL, South Korea (AP) — South Korean authorities on Thursday were investigating what caused a fire that killed 38 construction workers in one of the country’s deadliest fires in years.
Q&A: With rock-bottom prices, will the oil industry recover?
NEW YORK (AP) — With a barrel of crude oil costing less than a New York pizza, many U.S. shale producers are being pushed to the brink of bankruptcy and experts are wondering when, and if, the oil industry will rec…
Fed keeps key rate near zero and pledges to use 'full range of tools' to bolster a sinking US economy
WASHINGTON (AP) — Fed keeps key rate near zero and pledges to use 'full range of tools' to bolster a sinking US economy.
Asia Today: Indian businesses urge easing of virus lockdown
NEW DELHI (AP) — With Chinese industries ramping up production, competing Indian businesses are urging Prime Minister Narendra Modi’s government to loosen India's 5-week-old coronavirus lockdown when it comes up fo…
Insurers stick to 2020 outlooks as COVID-19 pandemic spreads
Anthem and Humana became on Wednesday the latest health insurers to reaffirm their 2020 earnings forecasts, even as the COVID-19 pandemic has made outlooks in other sectors essentially worthless.
Brinker, Gilead rise; Hasbro, Akamai Technologies fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Meatpackers welcome Trump order; others question virus risks
SIOUX FALLS, S.D. (AP) — Big meatpacking companies that have struggled to keep plants running during the coronavirus crisis said Wednesday that they welcomed President Donald Trump’s executive order requiring them …