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 …
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 …
Tesla ekes out 1Q profit, Musk rails against virus measures
DETROIT (AP) — Tesla reported that it eked out a first-quarter net profit Wednesday and its CEO went on a rant about the legality of government stay-home orders issued to prevent the coronavirus from spreading.
Hopes turn to virus drug breakthrough as economies stumble
The promise of an effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — raised hopes Thursday for faster progress in battling the pandemic and restori…
Turkey vows solidarity with US in fighting virus outbreak
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan has promised to stand in solidarity with the United States in its struggle against the coronavirus pandemic and as it recovers from the outbreak.
Lebanon's central bank governor defends his role amid crisis
BEIRUT (AP) — Lebanon’s central bank governor defended himself Wednesday against scathing criticism by the government, claiming there is a “systematic campaign” meant to hold him responsible for the country’s recen…
US Navy will host Hawaii exercises but keep sailors at sea
HONOLULU (AP) — The U.S. Navy said Wednesday it will host the world's largest maritime exercises in Hawaii again this year, but the drills will only be held at sea because of the coronavirus.
California food for seniors plan could run out of money soon
LOS ANGELES (AP) — California Gov. Gavin Newsom’s first-in-the-nation plan to pay for and deliver three meals a day to vulnerable seniors during the coronavirus crisis has less than two weeks to launch before feder…
The Latest: India touts gains in curbing virus with lockdown
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Cyprus unveils road map to easing coronavirus restrictions
NICOSIA, Cyprus (AP) — Cyprus’ president unveiled a road-map Wednesday for gradually lifting a strict, stay-at-home order over the next month that has until now helped to contain the spread of the coronavirus.
Tesla ekes out 1Q profit, Musk rails against virus measures
DETROIT (AP) — Tesla reported that it eked out a first-quarter net profit Wednesday and its CEO went on a rant about the legality of government stay-home orders issued to prevent the coronavirus from spreading.
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.
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…
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 …
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